This document is a Depreciation Assessment for the above-captioned footwear item.

The item was submitted for evaluation by the Vintage Apparel Division of the Department of Random Domain Management.

Original source indicates these boots were manufactured in England during the 1990s and are of the Dr. Martens 1460 Smooth Leather variety.

Current market valuation places the resale price at a range of $40 to $80 on the secondary auction platform known as eBay.

This is a far cry from the original retail price, which adjusted for inflation, would have been a significant investment in a pair of boots that were never going to hold value.

Condition and size are described as the primary value drivers.

This is not a revelation; it is the same grim arithmetic that applies to all used footwear.

A size 8 in pristine condition might fetch the upper end of that range.

A size 13 with scuffed toe caps and loose stitching will be lucky to see $35.

Shipping costs are estimated at $8 to $12, which further erodes any theoretical profit for the seller.

Thus, the net practical value to a seller after fees and shipping is roughly $25 to $60, assuming a buyer even exists.

The boots were made for walking, as the content notes, but not for making the owner rich.

Final valuation: High depreciation from original cost, moderate depreciation from peak retro trend, and likely terminal decline as the fashion cycle moves on.

Recommendation: Sell immediately if you own a pair and are not wearing them. Do not buy as an investment.

Signed, Vincent "Depreciation" Hale, Senior Appraiser of Regret, Department of Random Domain Management.

SOURCE: https://worthless.cc/dr-martens-1460-smooth-leather-boot-made-in-england-1990s/ — Filed by the Bureau of Worthless Affairs, DRDM.