YES
Google Horween Shell Cordovan #8 shoes/boots on why it was THE top choice in style, at least in the US for gentlemen. One reason was what you stated, versatility. The other, Shell just doesn't wear out, it is not leather, but a sheath of fascia on the rumps of horses.
The #8 was not the only shade, but the top seller, then and now. (But today, it tends to appear a bit too brown than I like, hence, vintage are the collectible ones)
Vintage Shell #8 shoes/boots are very collectible because the color deepens over time.
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