3 ms·
Why aren't producers auctioning those newly released sneakers?
by nickpp 8y ago
Why aren't producers auctioning those newly released sneakers?
- dalbasal 8y agoThe dynamics that make sneakers valuable collectibles are not governable. A lot of the "value" is probably generated by dealers, scarcity, sell-outs and such. If they tried to capture all the value by auctioning, they might sink the whole thing.
- solotronics 8y agoYeah I think it's more like a market of collectibles such as Magic cards. If they auctioned off the best ones it would kill the surprise element to acquiring them.
- usrusr 8y agoBuyers don't just want the rarest sneaker, they want to win at a game of being in the know. Taking the arbitrage in-house would ruin that.