Yes, I see you got your brand new leopard-skin pillbox hat

from Bob Dylan – Leopard-Skin Pill Box Hat Lyrics on Rap Genius

Meaning

The pillbox hat was fashionable during the early 60s, famously worn by Jackie Kennedy (see picture in previous annotation). Here is a similar hat worn by Audrey Hepburn in the movie Charade, 1963.

The style of hat would have already been on the way out of fashion by the time Dylan wrote the song in 1965.

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