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Pennies from Heaven

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When Times writer David Colman set out to get a pair of authentic penny loafers, he uncovered a small pile of companies who had the same idea. Phillips-Van Heusen, the parent company of original penny loafer purveyor G.H. Bass, has a limited-edition collection of made-in-America penny loafers that should be at Barneys in the spring. Colman found a couple nearly perfect pair at Barneys and Church's English Shoes for over $550, which made them not perfect. He had the best luck at Citishoes on Park Avenue, where they had almost-perfect ones for $390, and absolutely perfect ones for $645. Sigh. If you were in the market for preppy shoes, where would you look first? [NYT]