By — Diane Lincoln Estes Diane Lincoln Estes Leave a comment 0comments Share Copy URL https://www.pbs.org/newshour/economy/making-sense/can-you-guess-how-much-these-rare-sneakers-cost Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Can you guess how much these rare sneakers cost? Making Sen$e Mar 15, 2018 5:41 PM EDT The resale market for limited edition and rare sneakers is worth a whopping $1 billion. Sneakerheads pay hundreds and sometimes thousands of dollars for sought-after pairs. So what makes one pair of kicks more valuable than another? Sneaker reseller Yuanrun “Z” Zheng, founder of 23penny, among other sneaker sites, says sentimental value and hype drive up prices. Here are five pairs of sneakers. Can you guess how much they’re worth? Zheng provided the quiz’s photos and answers. For more on the sneaker resale market, watch the Making $ense segment on Thursday’s PBS NewsHour program. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now By — Diane Lincoln Estes Diane Lincoln Estes Diane Lincoln Estes is a producer at PBS NewsHour, where she works on economics stories for Making Sen$e. @DianeLincEstes
The resale market for limited edition and rare sneakers is worth a whopping $1 billion. Sneakerheads pay hundreds and sometimes thousands of dollars for sought-after pairs. So what makes one pair of kicks more valuable than another? Sneaker reseller Yuanrun “Z” Zheng, founder of 23penny, among other sneaker sites, says sentimental value and hype drive up prices. Here are five pairs of sneakers. Can you guess how much they’re worth? Zheng provided the quiz’s photos and answers. For more on the sneaker resale market, watch the Making $ense segment on Thursday’s PBS NewsHour program. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now