A while ago we shared a phone picture of the Nike Air Penny II Retro & Nike Air Penny III Retro, but we’ve just came across some up-close pictures of the Nike Air Penny III Retro to share. This Air Penny  features a black and varsity colorway and almost looks like a mirror image of the original pair. The Air Penny III will be available in the Spring of 2009 and will retail at $155. More pictures after the jump.

via NT