The only instance of penny loafers in my memory are that of my Mom’s. I remember back when I was about six, I asked her why there was money in her shoes. She proceeded to show off a pair of really “L.L. Bean-esque” 1980′s flat penny loafers. Super fun. Not.

These are better. Much better.

I would do just about anything for that navy pair from Frye. There isn’t a shoe they make I wouldn’t die to have.

What is your take on penny loafers? Chic or just old school?

{image cred: Lauren Conrad, Lucky Brand, Boutique 9, Frye}