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Desk: Kyle Haupert, a 23-year-old San Diego vintage clothing dealer, purchased
the pants at an auction on October 1.
"I'm
still kind of perplexed, just amazed at myself for buying them," Haupert
told the Journal. According
to the Journal, he purchased the jeans with Zip Stevenson, the owner of the vintage
clothing company Denim Doctors. Haupert paid for 90% of the winning bid and is
hoping that Stevenson, who is more experienced, can help find the next buyer
for the jeans. The total cost of the pants, including the buyer's premium, was
$87,400.
Haupert
documented the auction and the pair of prized denim on the Golden State
Vintage Instagram account.
"These speak for
themselves," Haupert wrote on the jeans' Instagram post.
According to Long John, a
denim magazine that first reported the winning bid, the antique jeans were
discovered in an old mine years ago. They were worn by a miner and had
suspender buttons on the waistbands as well as one back pocket. Candle wax has
left its mark on the pants.
According to their auction listing, the jeans are "the
holy grail of vintage denim collecting" and one of the oldest known Levis
from the gold rush era. According to the listing, the pants are in
"good/wearable" condition.
"You could go to Starbucks in them," Stevenson
told the Journal.
Haupert did not respond immediately to Insider's request for
comment sent after regular business hours.
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