Hand-sewn walnut penny loafer with dark stitching. Perforated leather insole. Recraftable outsoles. These shoes were manufactured in the AE Belgium, WI factory pre-mid 1980s. In great condition with only minor signs of wear, including some light spotting on vamp of left shoe, as well as some minor discoloration marking at heel of left shoe, as shown in last 2 pics, but nothing that stands out while wearing. Very light wear to outsoles. Lots of years left in these shoes!