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Penny loafers became very popular with young people in America in 1950s and 60s. At that time, pennies were inserted into the instep’s cut-out for decoration, and perhaps as a lucky charm. Girls of that period were also known to sometimes put a dime in their penny loafers, just in case it was needed to make a phone call when they were away from home. Shoes, Remember, Schools, 1950S, Childhood Memories, 60S, Things, 1950 S, Pennies Loafers
penny loafers The fad was to use a penny from the year you were born in the little slot. I wore mine until the soles gave out. Then my Uncle Benny Throm resoled them in his shoe shop and I wore them until I couldn't get my feet in them anymore!