The Nike Air Penny 1 made a big comeback not too long ago, and is supposedly making its way back to shelves in 2011. We have received word that the original colorway will release first, followed by a pair inspired by the colors of the Phoenix Suns. Each will retail for $125 upon their release. We wouldn’t be surprised if more colorways are released as well. Source: blondsoccerplyr at Nike Talk

Name: Nike Air Max Penny I Retro
Sku#: 311089-002
Colorway: Black/Bright Mandarin-Club Purple
Price: $125.00

Name: Nike Air Max Penny I Retro
Sku#: 311089-001
Colorway: Black/White-Varsity Royal
Price: $125.00