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Nike, SB Dunk Low Pigeon, 2005

Asset value
51,700 €
Issue price per Splint
50 €
Total number of Splints
974
Investment horizon in years
3 to 5
Return-to-Risk Assessment
7/10
Since launch June ‘24
+6.2%

Main reasons to invest

  • Return Potential📈: An investment of 500 EUR is projected to be worth approximately 1,900 EUR in 5 years.

  • Cost-to-Return Ratio⚖️: With just 3.2% annual total costs (including exit fees), your net profit could be 30.6% per year.

  • Limited production👟: The Nike SB Dunk Low "Pigeon" was produced in a very limited edition of only 150 pairs. This limitation significantly contributed to the popularity and collectible value of the shoe, to the extent that the eagerly awaiting crowd on launch day caused chaotic scenes with confrontations and police intervention to control the crowd.

Description

Why invest in Nike Dunk Low Pigeon?

The story of these sneakers is a fascinating and significant episode in sneaker culture, particularly in the history of skate footwear.

Concept and design
The Nike SB Dunk Low Pigeon was designed in 2005 in collaboration with New York designer and founder of urban clothing brand Staple Design, Jeff Staple. The design is inspired by the pigeons that are ubiquitous in New York City. The shoe's colors (gray, white, black, and a striking salmon pink accent) reflect the colors of an urban pigeon. On the heel of the shoe, there is an embroidered Pigeon logo, which has become the iconic mark of the model.

Limited edition
The Nike SB Dunk Low ""Pigeon"" was produced in a very limited edition of only 150 pairs. This limitation significantly contributed to the shoe's popularity and collectible value.

Launch event
The shoe was released on February 22, 2005, exclusively at five stores in New York City. Days before the release, a line began to form outside Jeff Staple's store (Reed Space) as sneaker enthusiasts and collectors awaited the coveted shoes.

Chaos and media attention
On the day of the release, the crowd caused chaotic scenes, with clashes and police intervention to control the crowd. These events attracted media attention, making the footwear even more popular. Images of the chaotic scene and reports about it appeared on various news channels and newspapers.

Influence and legacy
Nike SB Dunk Low Pigeon are considered some of the most influential and sought-after sneakers in sneaker culture history. It marked a turning point in the sneaker scene and helped increase the popularity of limited editions and collaborations.

Successors and tributes
Due to its success and significance, Nike has released several successors and tributes to the original "Pigeon," including the "Black Pigeon" and the "Panda Pigeon." Each of these releases also generated great interest and excitement in the sneaker community.


Expert

Constantin Philippi

I'm Constantin Philippi, a collector turned entrepreneur specializing in luxury collectibles since 2010. Explore my world of sneakers, art, toys, and modern treasures, each telling a unique story and serving as an investment. Every piece in my collection is a gateway to history, creativity, emotion, and potential profit.

Additional details

Asset ID
85fd3cc1-c363-4a3a-bf43-0f255477138c
Brand
Nike
Type
Sneaker
Name
Nike SB Dunk Low Pigeon
Number of Editions
150 pairs
Material
Leather
Condition
Deadstock (New & Unworn)
Publication year
2005
Shoe Size
US 9, 5

Documents

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Aurelio

CEO & Co-Founder