Vintage Rare 1950 Lee Princeton Beer Jacket - M1950. Lee. Princeton University Varsity Beer Jacket. Rare and elusive, these jackets are collected by Princeton alumni and workwear obsessives alike the world over. Conceived in 1912 as a clever way to protect their clothes from drinking mishaps, 'Beer Suits' became an enduring garment of varsity life at the prestigious Princeton University. Each year a unique (and often topical) logo was stencilled at the back right shoulder. This still persists