Banana Republic loafers: price by condition
| Condition | Typical |
|---|---|
| New with Tags | £63 (~$84) |
| Like New | £54 (~$71) |
| Good | £41 (~$55) |
| Fair | £28 (~$38) |
| For Parts | £16 (~$21) |
Seller-declared grades, sterling with an approximate US dollar equivalent at £1 ≈ $1.33 (July 2026). What each grade means.
What holds its value across Banana Republic
- 1980s pieces from the original safari and travel-outfitter era, which are collected as period design and have nothing to do with the modern brand
- Italian wool suiting and the Heritage line, which used cloth well above the mainline standard
- Cashmere and merino knitwear, which the label sells in quantity and which holds if it has been looked after
- Leather jackets, which are made in real skin at a price point where many competitors use coated synthetic
What pulls Banana Republic resale value down
- Banana Republic Factory production, the outlet line, which sits well below the mainline and is frequently listed as if it were the same thing
- Pilled knitwear, the commonest fault across the range and very visible on the dark neutrals the label favours
- Faded and shrunk chinos, which are the highest-volume item and the most often mistreated in the wash
- Current-season basics, which are discounted heavily new and have almost no secondhand floor
Identifying and dating yours
- The neck label distinguishes Banana Republic from Banana Republic Factory, and the two sell for very different money
- 1980s pieces carry a completely different label design and often a Made in USA care label, which is what dates them to the collectable era
- The composition label states the wool or cashmere percentage, which is what separates the Heritage pieces from the mainline
What lifts any loafers, whatever the label
Loafers are increasingly built to be resoled, and whether yours can be is most of what sets the price.
- Welted or stitched construction that can be resoled
- Recognised makers with resoling services
- Uppers with no cracking across the vamp
- Original shoe trees, box and dust bags
And what pulls one down
- Cemented soles that cannot be replaced
- Cracking across the flex point
- Worn heel blocks and thin soles
- Stretched or collapsed backs
Working out what yours is worth
- Check the sole edge for a welt stitch line
- Flex the vamp looking for cracking
- Photograph the soles and heel blocks
What to state in the listing
- Size as marked, with UK, EU and US equivalents, and the width fitting if given
- Upper material and sole material
- Whether the shoe is welted and can be resoled
- Insole length in centimetres, and the condition of the sole and heel
Brand, style and material: “Leather Penny Loafers, Size 8, Brown” or “Suede Tassel Loafers, EU 42”. Name the maker if there is one, and say Goodyear welted or leather soled if it is true — those phrases bring in buyers who are searching for exactly that.
Preparing and photographing it
- Look at the welt. A visible stitch line around the sole means the shoe can be resoled, and that is worth saying.
- Clean and polish the uppers, and check the heel for wear and the sole for thinning at the ball of the foot.
- Check any tassel, penny strap or bit hardware is secure and unbroken.
- The pair side on, polished, standing
- Both soles together, showing the welt stitching and wear
- The inside label with brand, size and any ‘made in’ marking
- Any hardware, plus every scuff, crease or heel wear point
When it sells best, and handing it over
Steadiest from spring through early autumn, with a lift before Christmas. Quality brands sell year-round to buyers who know the maker; unbranded pairs are seasonal and compete on price.
Post boxed with each shoe wrapped and shoe trees or paper inside to hold the shape. Light and easy to send, which widens your audience well beyond your own town.
What buyers ask
Is old Banana Republic worth anything?
The 1980s safari and travel-outfitter era is collected as period design and sells far above the modern range. Anything from the last decade is ordinary mall clothing on the secondhand market.
What is Banana Republic Factory?
The outlet line, made to a lower specification for the factory stores. It is labelled separately and sells for a fraction of mainline stock, so listing one as the other will get a sale disputed.
How much are Banana Republic loafers worth?
Roughly £14 to £63 depending on condition, against £16 to £70 for loafers generally. The identification points above are what move a listing to the top of that range.
What the fees would take elsewhere
At the mid-range £38 for Banana Republic loafers, against what the commission marketplaces would deduct:
| Platform | Fee | You keep |
|---|---|---|
| Poshmark | −£8 | £30 |
| eBay | −£5 | £33 |
| Mercari | −£4 | £34 |
| Etsy | −£2 | £36 |
| WishThrift | −£0 | £38 |
Seller-side rates verified 26 Jul 2026, percentages only — the per-order and processing charges those platforms add are excluded, so the real gap is wider.
Listing is free and there is no commission — read how to sell loafers for the title, handover and timing, or the general loafers value guide if yours is not a Banana Republic.
See also: all Banana Republic value guides · value guides by brand · buying loafers · Shoes & Footwear · condition grades.