Smith Oxblood Penny Loafer - 722Oxblood takes on added presence when shaped on the 722 last. The subtle chisel toe enhances the depth of the color, creating a silhouette that feels intentional and composed. A nuanced burnish brings variation and richness to the leather, reinforcing its distinctive tone. Completed with a leather sole and Goodyear welted in Almansa, Spain, this version of the Smith pairs expressive color with disciplined structure.