My tribute to Cohen (and Bowie) Old Leather Jacket (everybody knows it now) I'm an old leather jacket Just like an old leather jacket Some say it looks better than new Some speculate it worths more than when it was young it may worth the back of the 1st owner no more instead, it's now donned by someone more astute in his taste. But, just like an old leather jacket it may not worth much at all, despite all the above. I'm an old leather jacket donned by some celebrity who also wears a pair of old boots at other times, I'm just hanging in the classified section of the Fedora Lounge. Old leather jacket, old leather jacket.