The Air Jordan 1 has many identities. It is Michael Jordanās first signature shoe, the sneaker that started sneaker collecting and resale, and the common ground between communities across the world. The Jordan 1 is also the most popular sneaker on StockX. Just last year, Jordan Brand released over 250 variations of the AJ1, and supply still fell short of demand. Itās easy to see why. The design has been accepted globally as a street staple as well as the ultimate exemplification of nostalgia-driven current culture.
With a nearly 40-year-old history, there is a lot to know about the Jordan 1, and it can be overwhelming. A sneaker that is this deeply rooted in sports, music, art, dance, and fashion subcultures has enough history and meaning to fill books. But you donāt need to be a Jordan 1 historian to understand the basics before you purchase a pair. This is a crash course buyerās guide on the shoe that started it all.Ā
From its origins to original colourways to resale value, here is all of the information you need before purchasing a pair of 1s.
A Brief History
In 1984, Michael Jordan did not want to sign with Nike. He preferred the sneakers of other brands like adidas and Converse more. The only reason MJ even took a meeting with Nike was that his mother forced him to listen to what Nike was offering. To persuade Jordan to sign with the Swoosh, designer Peter Moore was tasked with making a shoe unlike anything they had done before.
Image by SLAM Magazine
Moore explained in an interview with SLAM Magazine that the Air Jordan 1 design was tailored to fit Jordanās style of play after learning about his sneaker preferences, which in itself was a risk. MJ wasnāt even pro yet. Designing a shoe specifically catered to an untested draft prospect in 1984 was unheard of. Nevertheless, Moore went with it. He discovered that Jordan liked sneakers that were low to the ground (so that he could feel the court) and had worn-in comfort as soon as he took them out of the box. So with that in mind, Moore took extra cushioning out of the sole to improve court feel and constructed the upper in premium leather to provide as much comfort as possible.
The Air Jordan 1 also broke down barriers for sneaker colourways. Its panelled upper provided a canvas for large sections of colour blocking, differentiating itself from the mostly-white sneakers that dominated the basketball shoe market in the 1980s. After many meetings and seeing the brand that Nike envisioned for him, Jordan did eventually sign with the brand. And back then, the shoe was simply called the Nike Air Jordan. The name we know it as today didnāt come until the modelās first retro in 1994.
Even though Michael Jordan debuted the Nike Air Jordan for the first time on the court toward the end of 1984, it wasnāt until the spring of 1985 that the signature model was available to the public. With the help of its iconic āBannedā TV commercials and Michael Jordanās monumental rookie season, the Nike Air Jordan became the most popular basketball shoe on the market, sending Nike to new heights in the basketball world.
Air Jordan 1 Colorways
Image by @dunksrnice
Between the spring of 1985 and fall of 1986, 20 Air Jordan 1 colourways released in high-top, low-top, and AJKO silhouettes. The first Jordan 1s to hit stores were the Bred, Chicago, and Black Toe colourways. The Bred colourway was the first to gain the attention of the masses on account of its fictitious ban from the NBA (the ban was little more than a Nike marketing tactic). But on the court, Michael Jordan mainly wore the Chicago and Black Toe Jordan 1s during his first two seasons on the Chicago Bulls. The only time he donned the Bred colourway was during the 1985 NBA Slam Dunk Contest.
Other OG Jordan 1 colourways that released were the UNC, Storm Blue, Royal, Shadow, White/Black, Neutral Grey, and āMetallic Packā colourways. Each of these colourways has been re-issued in Retro form since their initial debut, but some not until fairly recently. Colourways that are well known for their OG status like the Shadow and Royal have been retroād three times in the last 20 years. Lesser-known OG colourways like the Metallic Pack, Storm Blue, and Neutral Grey havenāt been retroed until the last five years, with the Jordan 1 High Neutral Grey getting its first retro just earlier this year.
Image by Sneaker Files
In 1986, Nike released the Nike Air Jordan AJKO, which was a canvas iteration of the classic Air Jordan 1 and came with the sole of the Nike Vandal instead of the traditional Jordan 1 sole. It isnāt clear what āAJKOā stands for. Many assume that it stands for āAir Jordan Knock Outā, but that meaning it has never been confirmed by Nike.
How Do Jordan 1s Fit into Your Wardrobe?
Image by Getty Images / Alex Wong
The Air Jordan 1 originated as a performance basketball shoe, but now it is most popular for its street appeal. With an abundance of colourways, they can be worn on the job, on the street, and in some cases, at the United States Presidential Inauguration.Ā
How Much Do Air Jordan 1s Cost?
Jordan 1s typically retail at prices between Ā£100 and Ā£140, but depending on the model, there is a good possibility of a sellout, leaving buyers and sellers in control of a true market price.
The chart above shows the average price premiums of different Jordan 1 models in Q1 2021. As you can see, the Air Jordan 1 High is the most valuable Jordan 1 model on StockX, selling at an average premium of 115%. In other words, the typical Jordan 1 High is valued at more than double its retail price. Certainly an astronomical rise in value doesnāt happen by chance. It happens as a result of shifting demand. Jordan 1 Highs saw a tremendous spike in both sales and value shortly after ESPNās The Last Dance docuseries premiered last spring. Between March and May of 2020, Jordan 1 trades on StockX rose by over 80%, and many of the classic colourways saw massive resale price spikes. Itās clear that Michael Jordan is still a major driver of value for the Jordan 1 High.
Air Jordan 1 Lows are almost as valuable as their high-top counterparts. They sell for just under double their retail value, at an average 96% price premium. A large value driver for the Jordan 1 Low has been the success of collaborative models. The Air Jordan 1 Low Dior released last year with an average premium of 220%. Despite a stratospheric retail price of Ā£1,800, its limited availability (rumoured to be 8,000 units) has made it the most expensive Jordan 1 Low of all time. The Air Jordan 1 Low Travis Scott is also one of the most expensive and most popular Jordan 1 Lows on StockX, boasting an average price premium of over 620% and is the 20th best-selling Jordan 1 Low release in the past 12 months.
Of all three Jordan 1 Models, the Jordan 1 Mid is the most affordable option. Jordan 1 Mids are typically available at the retail level, but as we have seen over the past year, even those models sell above their sticker price. With a 57% premium on average, Jordan 1 Mids are the most accessible option if you are looking to own a pair of Jordan 1s without putting a crease in your wallet.
The Takeaway
The Jordan 1 is far and away the most popular sneaker model on StockX, with thousands of pairs trading each and every day. Its enormous popularity is exceeded only by the magnitude of its significance: in terms of historical, cultural, and fiscal importance, the Jordan 1 has no rival. It is the sneaker that started it all and yet, even though itās almost 40 years old, it continues to be at the vanguard of sneaker fashion.
Thankfully, for buyers, there is a wide range of AJ1s to choose from, catering to a diversity of tastes and budgets. Over 1500 different Jordan 1s regularly trade on StockX, representing countless varieties of colourway, sizing, and price point. For the discerning collector or investor, Jordan 1 Highs in OG colourways are an essential part of any portfolio. For the budget-conscious buyer, the Jordan 1 Mid offers an attractive alternative. And for connoisseurs of current culture, there are collaborations galore – from Travis Scott to Aleali May to J. Balvin, countless artists and brands have used the Jordan 1 as their canvas, transforming sneakers to works of art.
The Air Jordan 1 is for everyone, and now that youāre armed with the history and data, you can feel confident entering the market and choosing the right Jordan 1 for your rotation. Happy shopping.
