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If so then it has function.The second factor is quality, which can be closely tied to function. Clearly, quality has a huge impact on value, as people consistently spend more for high-quality products. A tool made out of wood and steel is more valuable than one made out of plastic and aluminum. But once again, quality alone cannot determine value given that the quality of replica Air Jordan often compares with the original, looks nearly identical, and lasts just as long. In my opinion, artistic value is the most important, but least understood factor.
A further level up, in segments of the art world, replicas can serve as a tax shelter to devalue art and relative value gains. If you have ever watched recent episodes of HBO’s "Billions," you’ve seen Bobby Axelrod go to extreme lengths to display original art while sneakily storing the replicas. What is interesting about this shift – is the change in mindset against older generations that established a culture of purity and gatekeeping. We all know Millennial ‘heads who would shun anyone with fake shoes, especially something coveted. If you want to enjoy your shoes, by all means, go ahead. But it’s just not the same as a legitimate collection.
If you’re not trying to literally fake anyone out, then no harm, no foul. And that’s why I miss the days when everyone could tell from a mile away whether your sneakers were fake or not—no black market or black light required. You could spot fake Jordans, and fake sneakers in general, from a mile away back in the 2000s, and even early 2010s. I totally understand that people don’t want to spend thousands of dollars on sneakers.
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