Fancy a little bit of fashion history trivia? Penny loafers are characterised by the raised strip of leather across the vamp – back in the '40s and '50s, it was common practice to place the exact change needed to make a phone call in the slot. Made from full-grain leather that'll mask any signs of wear, Tod's round-toe pair is grounded on thick soles that are serrated for grip and create a thoroughly modern profile.
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