I looked up the "$50" story and that's one odd tall tale. From the same source I did find an interesting story of a rumor from a "Collectible Automobile" issue that there is a secret warehouse somewhere with still new 1942 cars. http://wwiijeepparts.com/Archives/WW2JeepsInCrates.html
The big tips I can give for vintage shopping especially in thrift stores are: label, union tag, lining, vents and lapel buttonholes. The union tag is the best dating clue, and there's a sticky here on Fedora Lounge that talks all about them.
I need to get on this bandwagon, I work in animation too! What do you do herringbonekid?
Iwerks was working at MGM in the early '30s making Flip the Frog cartoons, but later rejoined the Disney. A great animator and inventor, he would go on to make many animation innovations over the years...
Definitely a '40s/'50s Harris tweed. I have a WWII era harris tweed jacket with the label similar to that one, except mine has the "Copyright 1937" portion. Another clue are the vertical pockets and tiny belt loops.
Jesse Crawford at the Wurlitzer "I've Got a Feeling I'm Falling" (1929)
http://www.youtube.com/watch?v=8EOPA_PMnU8&feature=my_liked_videos&list=LLz9aULLaUc6E4R-sDWn6kOA
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