In light of the recent news that a High version of the SB Dunk Tiff is on it’s way, now seems like a good time to profile the low version.
Nike SB Dunk Low x Diamond Supply Co. “Tiffany”
Release: August 2005
Model Number: 304292-402
Campless Stats (based on 20 months of eBay auctions, May 2012-Dec 2013)
Auctions That Ended In a Sale
- Average DS Price: $766
- Volume Sold: 68
- Average Used Price: $364
- Volume Sold: 342
- Average DS Price: $1,006
- Volume Unsold: 114
- Average Used Price: $472
- Volume Unsold: 282
Key Insight 1: Not surprisingly, the average price of the pairs that did not sell was significantly greater (31% for DS) than those that did. This reinforces one of our continuing key insights – that everyone’s perception of the “true value” of a sneaker is artificially inflated due to “stale digital inventory” sitting on eBay with prices too high for anyone to purchase them. The good deals – as well as the fair deals – disappear much quicker, particularly for a highly coveted grail like the SB Dunk Tiffs.
Key Insight 2: Another key insight, this one specifically for the Tiff, can be extracted from the relative “Sold %” for Deadstock versus Used. The Sold % is the percentage of total eBay auctions that ended in a sale. In this case, the DS Sold % was 37% (68 Sold, 114 Unsold) compared to the Used Sold %, which was 55% (342 sold, 282 Unsold). Because the Tiff is such an expensive pair, and because it released 8 years ago, the implication of the difference in Sold % is that either A) more people are looking for a used pair than a DS, perhaps because they can get a better deal on a VNDS pair; or B) the used pairs are priced closer to their “true value”. It’s probably some combination of both.
Real World Implications:
- If you are looking to buy a DS pair, you’ll need to stay on your toes and find an auction shortly after its listed to get a fair price. This is one shoe resellers are looking to take advantage of the scarcity. The best deal is likely to be a VNDS pair.
- If you are looking to sell a DS pair, you should be able to get around $766, but if you want it sold quickly, you should price it a little lower. And under no circumstances should you price above $1,006.
Have you bought or sold a pair of Tiffs lately? What was your experience?