Madewell Women's The Preppy Grayson Penny Loafer in Chocolate Raisin Brown Size 7.5. Coming in croc-stamped leather, these classic 90's penny loafers are designed with a round toe and comfortable stacked heel. Whether dressed up or down, this versatile slip on will become your go-to for effortless sophistication. Please note: the gold coin is magnetic and removable from the keeper. 1 3/4" heel. Upper: 100% leather. Lining: 100% leather. Item NR855