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"I believe that sneakers are where automobiles were 20 years ago," Nadal told Business Insider, referring to his belief that they will ultimately appreciate in value.
Sneakers are definitely in their heyday. Sneaker resale marketplaces like StockX and Stadium Goods have sold some pairs for as much as $20,000. However, most sneakers don't start out with such lofty prices.
The Nike SB What The Dunk was $120 at the time of its release. Now worth $5,000, these sneakers have appreciated in value more than any sneaker, growing at a rate of 4,067%.
Online retailer Farfetch and Stadium Goods shared the 10 sneakers that have had the greatest value appreciation on the resale market. Here are the top contenders:
This Air Jordan 5 Retro T23 Tokyo was based on the iconic Air Jordan that was released in 1990. This unique pair was released in Japan in 2011 and features a Japanese character on the heel.
9. Louis Vuitton Kanye West x Louis Vuitton
Retail price: $1,140
Current value: $30,000
Value increase: 2,532%
This pink and grey sneaker is the most popular colorway for these high-tops from Kanye West and Louis Vuitton. This pair was named the overall most valuable sneaker on Farfetch's sneaker list.
8. Nike Air Force 1 '07 Off White – ComplexCon
Retail price: $150
Current value: $4,000
Value increase: 2,567%
This white sneaker was an iteration designed to celebrate the 35th anniversary of Nike's Air Force 1. Off-White's Virgil Abloh created these sneakers, which were released in 2017.
7. Kanye West x BAPE Bapesta
Retail price: $180
Current value: $5,000
Value increase: 2,678%
Kanye West and Japanese streetwear brand A Bathing Ape collaborated in 2006 to release a sneaker for the Bapesta line. This pair appreciated 2,678% in value, which was more than the value increase for any other models from the brand.
6. Off-White x Air Jordan 1 Chicago
Retail price: $190
Current value: $6,000
Value increase: 3,058%
This pair of Air Jordans is a revamp of the classic shoe. It's part of The Ten, the Nike x Off-White collection, and features a red and black colorway and a red zip tie.
Also from Kanye West's Air Yeezy 2 collection, this red colorway was released two years after the line dropped and sold out just minutes after it was released.
2. Nike Lunar Flyknit HTM Milano
Retail price: $150
Current value: $5,850
Value increase: 3,800%
With Flyknit and Lunarlon technology, these sneakers were part of an exclusive release in Milan and London in 2012 and were an addition to the HTM line.
1. Nike SB What The Dunk
Retail price: $120
Current value: $5,000
Value increase: 4,067%
These eye-catching sneakers have appreciated in value the most over time. They feature materials and patterns from previous Nike SB models.