EBAY - $45K For Trump Shoes? Sneaker Fans Bet Big On Limited Edition Experts Doubt If It Will 'Hold Up Over Time' | Benzinga
Donald Trump’s newly launched Trump-branded sneakers have become a financial success, with the limited edition already sold out. However, experts are divided on whether the shoes will hold their value in the long run.
What Happened: Trump’s “Never Surrender High Tops,” priced at $399 and limited to 1,000 pairs, have already been sold out, MarketWatch reported on Monday. The shoes, unveiled at the Sneaker Con show in Philadelphia, have already hit eBay, with resellers asking for prices ranging from $1,500 to $45,000.
Experts in the sneaker and political memorabilia markets are uncertain about the shoes’ long-term value. While some acknowledge the fact that he is the first president to release a shoe brand, others predict that the sneakers will lose their value over a year.
"His fan base is just massive. No matter what he drops, it's going to sell," said Justin Roper, a sneakerhead.
While the shoes have the advantage of being a limited edition and bearing Trump’s brand name, Trump’s controversial reputation could affect their ...