Some of you out there might already be familiar with the term “sneakerhead”, which is someone who is a huge fan of collecting shoes. Believe it or not, the athletic shoe market is worth a whopping $2 billion annually. Some of the most expensive sneakers in the world go for tens of thousands of dollars. For example, the Nike So Cal Air Force 1 Supreme Max Sold for $50,000.
With that being said, the sneaker reselling market is fierce. When I used to sell full time, I would go to the Goodwill Outlet several days a week. Whenever they brought out a bin of sneakers, a huge crowd of people would jump on them like vultures. And every time I had a garage sale or sold my stuff at a flea market, all of my shoes would be sold by 8AM. Collectors also tend to over-value their own collection, and hold onto their sneakers knowing that they possibly have a resale value. But you should never say never. If you can set your alarm and be one of the first people to show up at garage sales, you just might get lucky.