The cocktail suit - another fashion staple from the past that has disappeared from modern life. This beauty by Larry Aldrich, from the spring of 1949, has a long slender skirt that hits right above the ankle. It is fashioned from jacquard twill that has a subtle gleam to it. A dramatic hat is just the right accessory, don't you think? Larry Aldrich suit sold for $70 in 1949 (about $677 in today's dollar.)