I have a couple of waxed jackets and a gilet, I keep them around mostly to remind me just how bad outdoor clothing used to be.
They stink and can’t be washed, they all have holes in them and cost a fortune to repair. They leak and you freeze your arse off because there’s no insulation. I haven’t taken out the hair dryer and “ buttered” them in decades, life is just too short.
I use the gilet for hedgerow bashing. The other 2 just hang there daring me to put them on.
Give me the modern stuff, things with waterproof liners and instructions for the washing machine, things that actually keep you warm and dry.
The old wax jackets may have lots of character, whatever that means, but a hell of a lot of it is down to poor choice of materials for the purpose.