The Nike Mag is one of the most iconic shoes in the world. It has been immortalized in movies, seen on the feet of some of the world’s most famous athletes, and even auctioned off in a charity fundraiser. But how much does this legendary shoe actually cost? In this article, we’ll explore the cost of the Nike Mag and discuss why it carries such a hefty price tag. So strap in and get ready to learn the price of a piece of sneaker history.
The Nike Mag self-lacing shoe, which was famously featured in the 1989 movie ‘Back To The Future Part II’, has a retail price of $720 USD.
How Much Does the Nike Mag Cost?
The Nike Mag is a limited edition, self-lacing sneaker made famous by the 1989 movie, Back to the Future Part II. The shoe was released in 2011 and featured special technology that allowed the wearer to tighten and loosen the laces of the shoes with the press of a button. Since then, the Nike Mag has become highly coveted and sought after by sneakerheads, with some pairs fetching high prices on the resale market.
Price of the Nike Mag
The original Nike Mag shoes were released through a special charity auction and were not available for purchase. The shoes were auctioned off for a total of $4.7 million, with all proceeds going to the Michael J. Fox Foundation for Parkinson’s Research.
In 2016, Nike released a limited number of the Nike Mag shoes for sale, ranging in price from $10,000 to $25,000. In addition to the price of the shoes, buyers were also asked to make a donation to the Michael J. Fox Foundation.
Resale Prices
The Nike Mag shoes have become highly sought after by sneakerheads, with some pairs fetching high prices on the resale market. The exact prices can vary greatly depending on the condition of the shoes and the seller, but some have sold for as much as $50,000.
Conclusion
The Nike Mag shoes have become highly sought after by sneakerheads, with some pairs fetching high prices on the resale market. The original Nike Mag shoes were released through a special charity auction and were not available for purchase. In 2016, Nike released a limited number of the Nike Mag shoes for sale, ranging in price from $10,000 to $25,000. The exact prices can vary greatly depending on the condition of the shoes and the seller, but some have sold for as much as $50,000.
Related FAQ
Q1. How Much Does the Nike Mag Cost?
A1. The Nike Mag is a limited edition, self-lacing shoe created by Nike and released in 2016. The original version of the shoe was auctioned off in 2011, with proceeds going to the Michael J. Fox Foundation for Parkinson’s Research. The 2016 version of the Nike Mag was released as a limited edition of 89 pairs, with an estimated price tag of $30,000. Each pair was sold through a charity auction, with proceeds going to the same foundation.
Q2. How is the Nike Mag Different from Other Nike Shoes?
A2. The Nike Mag is different from other Nike shoes in that it features a self-lacing system, similar to the one featured in the movie Back to the Future Part II. The shoes also feature a light-up Nike logo on the side. The 2016 version of the shoe also features an anti-slip sole and an improved cushioning system.
Q3. How Many Pairs of the Nike Mag Were Released in 2016?
A3. In 2016, Nike released a limited edition of 89 pairs of the Nike Mag. Each pair was sold through a charity auction, with proceeds going to the Michael J. Fox Foundation for Parkinson’s Research.
Q4. What is the Self-Lacing System of the Nike Mag?
A4. The Nike Mag features a self-lacing system that was inspired by the movie Back to the Future Part II. The laces are powered by a battery-powered motor and can be adjusted by a dial located on the side of the shoe. The laces can also be tightened and loosened using a smartphone app.
Q5. What is the Battery Life of the Nike Mag?
A5. The battery of the Nike Mag is rated to last up to four weeks on a single charge. The battery can be recharged using the included USB cable.
Q6. What is the Purpose of the Nike Mag?
A6. The purpose of the Nike Mag is to raise awareness and funds for the Michael J. Fox Foundation for Parkinson’s Research. All proceeds from the sale of the shoe went to the foundation. The shoe also serves as a reminder of the impact that technology can have on our lives and our future.
The Nike Mag is a truly revolutionary sneaker that comes with a hefty price tag. It’s a symbol of innovation and dedication to the craft, and it’s a must-have for any sneaker collector. Although the cost of the Nike Mag is high, it’s worth every penny for its unique design, impressive technology, and unrivaled quality.
