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I'm looking for a new pair of penny loafers, something better than Weejuns but not top-notch (budgetary contraints and all), hopefully under $250. Leather soles, no beef-roll. Here's what I've come up with so far. What am I missing?

Sebago Cayman II -- $135

Brooks Brothers "Casual Penny Loafer" -- $188 (Same as Cayman II?)

-- $225

Alden Cape Cod Full Strap -- $280

For those of you who own one or more of the above pairs, what are the pros and cons? What would you recommend? I'm looking for something that I can dress up more than something I can dress down.
Try contacting
Allen Edmonds Shoe Bank at the Factory 201 East Seven Hills Road Port Washington, Wisconsin 53074 USA Phone: 262-284-7158; inquire re: Walden factory seconds in your size/color. If available, a $50-100 savings is possible, in return for doing minor touchup with shoe polish or sole edge dressing (Personal experience with Paxton penny loafers/Cambridge shell Cordovan wingtip brogues).

Worth a try.

Good luck on your quest.:icon_smile:

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