The Lopez is an authentically old-school penny loafer. It is a model that remains unchanged since its creation in 1945; with its generous round toe and high walled style it is the epitome of ivy-league cool. The characteristic slit strap design originated in the 1930s as a stylistic twist on the standard loafer; many people would store a penny in the slit in case they needed to make an emergency phone call. Crafted on John Lobb’s archival 4395 last, the Lopez has a generous fit with a rounded yet deceptively sleek toe. 2015 marked the 70th anniversary of this wonderful shoe, proof that it is a style impervious to the vicissitudes of fashion.