Featured Video: Is your old money worth anything?
ST. LOUIS ( KTVI ) — Levi’s jeans have become a staple in everyday fashion for many consumers. And if you have an old pair sitting in your closet, you may want to check the tag.
Levi Strauss and Jacob Davis paired together to create waist overalls in 1873, or the first pair of blue jeans, according to Levi’s website.
In today’s age, the little red Levi’s tag on the back pocket is in all capital letters, except for the “e.” However, it wasn’t always designed this way.
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Up until 1971, the tag on the jean’s were made with a capital “E,” and that small detail has played a crucial role in determining whether the jeans are vintage or not. So much of a role that these kinds of pants are being sold on resale websites up to $33,000 .
On eBay, most sellers are pricing these jeans anywhere from the hundreds to thousands of dollars—and people are buying. One listing shows a pair of 1955 jeans with the capital “E” sold for $6,000, and several more buying for over $4,000.