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Penny Shoe Style

The Penny Loafer is a laceless slip-on shoe distinguished by a unique strip of leather stitched across the saddle, featuring a diamond-shaped cutout. The name "penny loafer" originated from a popular trend in the 1950s when students would stash a penny in the cutout—perfectly sized for the purpose—for good luck or to make a quick phone call from a payphone. While the tradition may be a charming relic of the past, the design remains a timeless classic.