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

![Nike Air Penny III Retro [Black/Varsity Royal] Nike Air Penny III Retro [Black/Varsity Royal]](http://www.simplysneakers.com/wp-content/gallery/4/nike-air-penny-iii-retro-black-varsity-royal-1.jpg)
![Nike Air Penny III Retro [Black/Varsity Royal] Nike Air Penny III Retro [Black/Varsity Royal]](http://www.simplysneakers.com/wp-content/gallery/4/nike-air-penny-iii-retro-black-varsity-royal-2.jpg)
![Nike Air Penny III Retro [Black/Varsity Royal] Nike Air Penny III Retro [Black/Varsity Royal]](http://www.simplysneakers.com/wp-content/gallery/4/nike-air-penny-iii-retro-black-varsity-royal-3.jpg)
![Nike Air Penny III Retro [Black/Varsity Royal] Nike Air Penny III Retro [Black/Varsity Royal]](http://www.simplysneakers.com/wp-content/gallery/4/nike-air-penny-iii-retro-black-varsity-royal-4.jpg)




















