The oldest known pair of Levi’s jeans, dated back to at least 1873, sold at auction on Saturday evening for $100,000 to an anonymous bidder.
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“I decided to have a huge warehouse party and sale in order to afford my new million-dollar warehouse, and some friends of mine were like, ‘Hey, you’re having a sale, we’d like to do that, too,’ and pretty soon it blossomed,” Eaton said in a phone call Tuesday. The Metropolitan Museum of Art had a $100,000 bid on the pair last year, Eaton said, but due to a lightning storm the clerk didn’t see the bid and it sold to somebody at the live auction. This year, he said, the Festivus used a Starlink connection to avoid wireless issues and had major buyers such as the Smithsonian Museum and the Los Angeles County Museum of Art interested in the auction items.
Attendees to the Durango Vintage Festivus, at Tico Time River Resort just south of the Colorado-New Mexico line, gather around and take photos of what is considered to be the oldest known pair of Levi jeans prior to an auction on Saturday night, Sept. 30. The jeans were sold to an anonymous collector online for $100,000.00.
The pair of pants auctioned Saturday, originally made and advertised by tailor Jacob Davis with help from business partner Levi Strauss, are an example of the first pair of denim work pants to ever include metal rivets in them to prevent wear, per. Upon completion of the product, the two obtained a U.S. patent for this specific type of pants, and thus the clothing item we now know as “jeans” was born.
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