Alden Shell Cordovan Leisure Moccasin is almost definitely the world's best penny loafer. Handcrafted in New England of genuine shell cordovan which is naturally wear, crease and water-resistant, with a suppleness that contours to the shape of your feet, creating a comfortable fit based on your personal dimensions. With handsewn Goodyear welt construction, single oak leather soles, glove leather linings, combination rubber/leather heels. And every Alden shoe carries a precisely contoured tempered steel shank for proper support and shape-retention.