Two weeks ago we posted the History of adidas Resell. 42 pages, 37 charts and 4,611 words.
We’re pretty sure this is what drove Kanye crazy.
Fact #1: Kanye has done some strange sh*t lately. Even by Kanye’s standards.
Fact #2: The Yeezy V2 Blacks dropped last week and resell has been lit.
Fact#3: Facts #1 and #2 have NOTHING to do with each other.
Key Insights:
- The Red pairs are selling for significantly more than both the Copper and Green. This suggests that the Red was either more limited and/or in greater demand.
- In terms of volume, the Red pair has outsold the Copper by 23% and the Green pair by 50%. The difference in resell prices then, is likely based on demand.
- Red, Green and Copper? More like Pink, Yellow and Peach.
For a complete view of the Yeezy V2 resell activity, we’ve included the Beluga in our next chart showing the average resell price by day.
Key Insights:
- Following release, the Red was relatively stable, while the Green and Copper noticeably declined in value.
- Beluga stayed consistent during the V2 Black release and is now reselling for more than all three.
While we’re here let’s refresh our collective memories on how the Yeezy Boost 350 V2 Beluga has resold since its release “way back” in September.
Key Insights:
- The Beluga was initially pegged to OG 350’s (@ $900) but quickly reached it’s true market value by the beginning of November.
- Similarly, the V2 Black pairs were pegged to the Beluga but quickly reached their true market value in the same way that the 750 Chocolate was initially pegged to the 750 GITD.
- The lesson here is that every sneaker has its own unique supply and demand curve and therefore, its own true market value.
You can get in on all of the Bid and Ask action on colorways of the Yeezy Boost 350 V2 right HERE.
