$100,000 for a pair of Levi jeans sounds incredible but more incredible when it’s a pair of used jeans.
U.S Media reported the sale of a pair of 125 year old Levi jeans for nearly US$100,000, thereby setting a new record for vintage denim.
The jeans was sold to a buyer in Southeast Asia, by an auction house in Maine on May 15, and was manufactured by Levi Strauss & Co.
According to Daniel Soules of the auction house, “It’s somebody who loves old Levis.”
The attraction for such an old pair of jeans may have been the fascinating backstory; as the fabric was produced by a mill in New Hampshire on the East Coast, while it was sewn in San Francisco on the West Coast.
Solomon Warner, a store owner in Arizona, was the first owner and he purchased them in 1893, barely wearing them before his death. The Levi jeans was in good condition as at the time of his death and was passed down in the family throughout the years.
Levi was willing to buy back the pants and had offered US$50,000 but the buyer made a much better offer.
The Levi jeans had several features different from current models, such as a its single back pocket and lack of belt loops, as suspenders were extremely popular in the 19th century.
Collectors love and highly covet vintage denim jeans. A Japanese collector bought a pair of 501 vintage jeans manufactured in the 1880s for US$60,000 ; and another pair from 1888 was sold for six figures, says Soules.
Some analysts believe that the craze for blue jeans is because after their first appearance during the years of Western expansion, they have become part of the U.S culture.
Maybe we all have to start paying attention to those old boxes and items left behind by grandpa and grandma as they just might be a gold mine ,Lol.