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Signed/Stamped "TM-21", maybe, hard to read. Modernist Design, Round Bangle with a Top Clasp in an elongated Teardrop Shape. It's about 1/8" wide. Weighs about 18.9 grams.
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.