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FLOM Dunk
Nike SB Dunk High x FUTURA “FLOM”
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Artist Profile

About

The holy grail of Nike SB collecting, the Nike SB Dunk High “FLOM” (an acronym, “For Love or Money”) is one of the most highly coveted and difficult to find Nike SBs in existence. Designed in collaboration with artist Futura, just 24 pairs were created for this limited friends and family release. Dropped in 2004, only three pairs were made publicly available through a raffle. A collaboration befitting the storied history of the collaborators, these sneakers are a work of art in their own right. Building off the classic Dunk silhouette, they have a brown leather upper and a base pattern that features several different denominations of printed currency.

 

Leonard Hilton McGurr (American, b.1955), aka Futura, is a prominent abstract graffiti artist emerging from the New York street scene in the 1980s, alongside Keith Haring and Jean-Michel Basquiat. Also starting a legacy in the 80s, the Nike Dunk is one of the most easily recognized silhouettes in sneaker history. The SB division, launched in 2000, has catered towards street and skateboarding culture, and the SB Dunks represent Nike’s first serious foray into the world of skateboarding.




Highlights

Grail Status
Co-designed by legendary street artist, Futura, the Nike SB Dunk High “FLOM” (For Love or Money) is widely considered a SB dunk grail and set the all-time high at auction for any Nike SB dunk.
Positive Nike SB Market Trends
The Nike SB Market has shown positive growth in recent months. According to a July 2020 report from StockX, the average price of a Nike SB Dunk increased 300% year over year and 99% of SB dunks on StockX have increased in value and sales volume.
Cultural Significance
The “FLOM” dunk marked one of the first collaborations between Nike SB and an artist, kickstarting a new generation of cultural collaborations.
The Artist
Futura, the artist behind the sneaker, is an iconic street artist. He was influential in the New York Graffiti Movement, is affiliated with the Fun Gallery (alongside artists such as Jean-Michel Basquiat and Keith Haring), and in October 2020, Futura broke his record auction sale for $154,448 USD with the work, “Fl-001 Pointman, 2019”.
Scarcity
Much of this sneaker’s appeal is attributed to the shoe's scarcity— only 3 of the 24 pairs produced were made available to the public upon their initial release in 2004.

Details

Brand
Nike
Year
2004
Size
US 8
Colorway
White/White-El Dorado
Style Code
305050-112
Condition
Deadstock
Drop Value
$67,000
IPO Share Price
$10.00

Research

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Recent News

Futura 2000's Nike Dunk High Pro SB "FLOM" Fetches $63K USD at Sotheby's Auction
Hypebeast
'FLOM' Nike SB Dunks Sell for $63,000— Sotheby's calls it the 'highest price ever achieved' for a Nike Dunk
Sole Collector
The 50 Most Influential Nike Dunks In History
Highsnobiety

Additional Resources

Risks

This investment is speculative and involves substantial risks to consider before investing, outlined in the Offering Circular and including, but not limited to, illiquidity, lack of diversification and complete loss of capital. Also, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment.
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