Michael Jordan Autographed Nike Air Jordan 1 Retro High Off-White "UNC" Shoes
Main reasons to invest
Return Potential📈: An investment of 500 EUR is projected to be worth approximately 1,078 EUR in 5 years.
Cost-to-Return Ratio⚖️: With just 2.8% annual total costs (including exit fees), your net profit could be 16.6% per year.
Rarity and Collectibility🔍: Signed sneakers are inherently rare, and Jordan’s autograph adds significant value. The scarcity of authentic signed Jordans makes them highly sought after by collectors and fans. In 2020, the auction house Sotheby's sold a pair of Jordan 1s for $560,000.
Description
Why investing in Michael Jordan memorabilia?
Born on February 17, 1963, in Brooklyn, New York, is an American basketball player widely regarded as one of the greatest of all time, which is why his figure is so sought after in memorabilia. He grew up in Wilmington, North Carolina, and excelled at the University of North Carolina at Chapel Hill. In 1982, he scored the game-winning shot in the NCAA national championship game. In 1984, the Chicago Bulls selected him in the NBA draft. Jordan led the Bulls to six NBA championships in the 1990s. His collaboration with Nike resulted in the iconic Air Jordan sneakers.
Historical Significance
Michael Jordan is a basketball legend, and his impact on the game and sneaker culture is immense. His decision to sign with Nike in 1984 was a game-changer. At the time, Nike wasn’t the powerhouse it is today, but Jordan’s partnership with them helped create the iconic Air Jordan line1.
Rarity and Collectibility
Signed sneakers are inherently rare, and Jordan’s autograph adds significant value. The scarcity of authentic signed Jordans makes them highly sought after by collectors and fans.
Cultural Influence
Air Jordans are not just shoes; they represent a cultural phenomenon. Owning a pair connects you to basketball history, pop culture, and the legacy of one of the greatest athletes of all time.
Financial Returns
Some Jordan-signed sneakers have broken auction records, selling for millions of dollars. For example, a pair worn by Jordan himself fetched $1.472 million in 20212. While not every pair reaches such heights, their value tends to appreciate over time.
Design and Quality
Jordan is actively involved in designing his shoes, ensuring top-notch quality. Consumers appreciate knowing that a sports superstar like him has signed off on the design.
About this Sneaker
The Nike Air Jordan 1 Retro High Off-White “UNC”—also known as the “UNC” Off-Whites—is a collaboration between Jordan Brand and Virgil Abloh’s Off-White label. The sneakers feature a white and dark powder blue color scheme, paying homage to Michael Jordan’s alma mater, the University of North Carolina (UNC). The upper is constructed from deconstructed leather, with Off-White’s signature detailing throughout. These iconic kicks dropped on June 23, 2018. The shoebox comes in the original shape in which it arrived from the factory to Upper Deck. Jordan has autographed these limited edition (10) Nike Air Jordan 1 Retro High Off-White UNC shoe in black paint pen. His signature is deemed authentic by virtue of Upper Deck Authenticated’s Five-Step Process.
In summary, investing in Michael Jordan signed sneakers combines historical significance, rarity, cultural appeal, and potential financial gains.
Expert
The Upper Deck Company has established itself as a leader in the trading card industry, attracting a loyal fan base and contributing to the vibrant culture of sports and entertainment collectibles worldwide.
