Cut from soft and casual suede, the penny loafer has been synonymous with relaxed elegance for the better part of a century. Named so because the strap could be used to keep a penny for a payphone in it, the penny loafer is perfectly at home with tailoring - separates especially - but also looks excellent with denim. These loafers will stay stylish and comfortable year-round, and look great worn without a sock when the temperatures rise.