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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.

The price of 48,700 € includes the Splint Invest platform fee and external maintenance costs of 3,700 €. 45,000 € can be allocated to the asset. 
Platform Fee Splint Invest: Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
External maintenance costs: Shipping, handling, as well as storage and insurance over the whole investment horizon.

Variable Costs

Berner Kantonalbank AG BEKB | BCBE, Bundesplatz 8, 3011 Bern

41709_Nike SB Dunk Low Pigeon_

In 2005, this shoe was exchanged for 150 EUR. 19 years later, its value has soared to around 45,000 EUR, representing an annualized growth average rate of 35.0%.

Return

The story of these sneakers is a fascinating and significant episode in sneaker culture, particularly in the history of skate footwear. Similar to other highly sought-after sneaker designs, the Nike Dunk Low Pigeon was notable for its scarcity and strong demand. This rarity has significantly increased its popularity in the resale market.

Stability

Jeff Staple envisioned a shoe that would represent his city, which is how he created the Nike SB Dunk Low "Pigeon", inspired by the grittiness of New York City's most iconic feathered inhabitant, the pigeon. Without this release, sneaker culture wouldn't be what it is today.

Nike, SB Dunk Low Pigeon, 2005

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.

Track Record

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.

I am Constantin Philippi, an avid collector and entrepreneur deeply immersed in the world of luxury collectibles since 2010. What began as a personal passion quickly evolved into a thriving business dedicated to curating the finest in sneaker and modern collectibles. 
 
In my exclusive realm, you'll find an exquisite array of treasures, each meticulously chosen to embody a fusion of style, artistry, and rarity. From limited edition sneakers that tell a story with every stitch, to modern art pieces that captivate the imagination, I specialize in curating a diverse range of items that appeal to discerning collectors worldwide. 
 
Embracing the ever-evolving landscape of collectibles, my offerings extend beyond sneakers to include an eclectic mix of modern delights. Dive into a world of art and zeitgeist assets that resonate with cultural significance. Each piece is a testament to my unwavering commitment to quality and authenticity. 
 
Whether you're a seasoned collector or a newcomer to the world of luxury treasures, Constantin Philippi offers a sanctuary for those who seek the extraordinary. Let us embark on this journey together, where every acquisition becomes a piece of a larger story, told through the lens of passion and dedication.

Constantin Philippi

This is a concrete investment opportunity in which we have recalculated the expected performance given by the external expert (Constantin Philippi) and have thus checked whether a positive return can be expected after deducting all costs for storage and insurance. Furthermore, we have verified the existence, proper storage and insurance of the asset.

Nike, SB Dunk Low Pigeon, 2005

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