There’s a certain mystique that has evolved around the pawn industry. Reality TV shows have created cultural icons in the business and the rare and unique items found in a New York City pawn shop leave many people wide-eyed.
But there’s another side of the industry that has been a primary reason that buyers and sellers alike frequent stores — status merchandise. These days, shoes are selling for thousands of dollars and you can find the best sneaker pawn NYC has to offer at Gem Pawn Brokers.
Top Sneaker Pawn NYC Offers
Consider for a moment that items such as championship rings, gold watches, designer pocketbooks, and custom-tailored suits come with expensive price tags because they are symbols of wealth and status. If you added up the cost of material in Brooks Brothers suit, it might not exceed $100. But the craftsmanship, impeccable design, and brand name make it incredibly valuable.
The culture has not lost sight of the fact that certain types of merchandise with exemplary brand names send a message that you are successful. Back in yesteryear, the shoe industry was dominated by fine leather products with Italian brand names. Shoes, like suits, ties and watches were status symbols among celebrities and business executives.
The rise in popularity and wealth among professional athletes has prompted many to lend their name or create an iconic brand. Athletic clothing has gone from discount racks to high-end status-wear. The idea of a Gucci handbag is now on an even playing field with a vintage pair of Air Jordans or rapper Kanye West’s Yeezy brand. Consider this list price of some of the world’s most iconic sneakers.
- Air Jordan 12 (Flu Game):Considered the most expensive sneakers ever sold, the pair was worn by Michael Jordan in the so-called “Flu Game” he won. They reportedly fetched $104,000.
- Air Jordan 4 Eminem:The sneaker bearing the name of cultural icons Michael Jordan and rapper Eminem carry such status weight that a pair reportedly sold for $37,000.
- Air Jordan 1 (1985 ASG):This vintage sneaker in good condition reportedly sold for more than $21,000.
- Yeezy Sneakers:Kanye West collaborated with Nike to produce a high-status line of sneaker. The Yeezy 2 “Red October” shoe reportedly sold for $7,500. Other Yeezy brands can cost thousands as well.
Unless you are prepared to pay top, retail dollar, it’s all about status sneaker pawn in NYC.
Sneaker Pawn NYC Trusts
When buying or selling a pair of high-quality athletic shoes, New Yorkers should be aware of a few key things. First, all shoes must be thoroughly cleaned and preferably in the box when brought to one of Gem’s NYC locations.
The condition of recent or vintage shoes will have a direct impact on the price. That being said, it would be unreasonable to expect a vintage pair of 1980s Air Jordans to be perfect. Such shoes are often collector items. But if you are interested in earning money or wearing high-status athletic shoes, Gem Pawn Brokers offers excellent sneaker pawn NYC options.