Probably going to get ripped on because they're Bass gluejobs, but I love them.
Weejuns are blake/rapid. You can get 'em resoled if you want. They're cheap because the construction is minimalist- which works great for a penny loafer. That, and the leather ain't top grade.
A lot of shoes in that price range are gluejobs, but weejuns (past a certain point, anyway- the rubber sole ones are) aren't.