Here are the most expensive Air Jordans to sell on StockX and Stadium Goods, where rare pairs have gone for as much as $20,000

Stadium Goods

• The global sneaker resale market is currently worth at least $2 billion, a recent analysis by Cowen & Co. estimated.
• Nike Air Jordans often sell for more than the average sneaker.
• StockX and Stadium Goods are two of the top online marketplaces for reselling sneakers. 
• We consulted StockX and Stadium Goods to find the most expensive Air Jordan sneakers that the companies have ever sold. StockX, for example, once sold a pair of Jordan 11 Retro Premium Derek Jeter sneakers for $18,257. 
• Visit Business Insider’s homepage for more stories.

Air Jordans are perhaps one of the most iconic sneakers to come from the Nike brand.

NBA star Michael Jordan teamed up with Nike in 1984 to launch the brand. The popularity of the sneakers has ebbed and flowed with time. But these days, the resale market for the iconic brand is practically soaring.

Read more: The Canadian investor who just dropped more than $1.2 million on 100 pairs of rare sneakers reveals why he thinks it’s worth the investment

Resale marketplaces sell Air Jordans for thousands of dollars. StockX —  a leading sneaker reseller — once sold a pair of Jordan 11 Retro Premium Derek Jeter sneakers for $18,257. Stadium Goods — another leading sneaker resaler — has sold multiple pairs of Air Jordans for $20,000. 

We consulted StockX and Stadium Goods to find the most expensive Air Jordans that have ever sold on either marketplace.

Here are the most expensive pairs: 

16. Jordan 1 Retro Legends of Summer Red Glitter

StockX

Highest individual price sold: $7,000 on StockX

Release date: June 1, 2014

These rare glittered sneakers are from Justin Timberlake’s and Jay-Z’s fall 2013 "Legends of Summer" tour, according to a listing in luxury resaler The RealReal. At the time of the release, only a few pairs were given to fans, Footwear News reported. 

15. Jordan 1 Retro Fragment Friends and Family

StockX

Highest individual price sold: $7,500 on StockX

Release date: December 27, 2014

The black Fragment logo on the heel of this Air Jordan 1 was meant to designate this release for friends and family of the Jordan brand.

13 (tie). Jordan 5 Retro Tokyo T23

StockX

Highest individual price sold: $8,500 on StockX

Release date: April 29, 2011

This special-edition Air Jordan 5, complete with a Japanese character on the heel, was designed to celebrate the opening of the Jordan Tokyo 23 store in Japan, according to a product description on Goat. 

See the rest of the story at Business Insider

See Also:

• Photos show the rise and fall of Nike’s iconic Air Jordan sneakers — and how the shoes are making a comeback 15 years after Michael Jordan’s retirement
• Here’s where you’ll find the most expensive groceries in America, according to Rent.com
• Sneaker resale could be a $6 billion market by 2025 as the shoes cement their place among the most popular footwear in America

SEE ALSO: A pair of Air Jordans can resell for up to $2,000. Here’s why these iconic Nike sneakers are so expensive.

Source: Business Insider – feedback@businessinsider.com (Shoshy Ciment)