The penny loafer is the first choice for a stylish and cool appearance in the warm summer months. The famous slip-on shoe is an evolution of the moccasin and gets by perfectly without laces or buckles. The open basic cut of the shaft is accentuated by a U-shaped vamp insert, as well as the leather strap that traditionally runs across the instep and once hid the famous lucky penny worn by college students on exam days.