The fashion world pondered the future of the iconic shoe after learning that a presidential order might eliminate the penny.

J.Crew does the quintessential penny loafer to a T, with a tassel and fringed-leather detail designed to protect the shoe from dirt (but really it also just adds a nice, preppy flair). Why we love ...

The first detail to look for is a penny strap, which is signature ... grandfather-looking kiltie loafer is defined by cut-leather fringe hanging over the vamp of the shoe. It can also feature ...

Shop the best loafers for women this season: from chunky loafers to penny loafers, Prada to classic Gucci loafers, and black loafers to brown loafers. We've found all of the best options online.