If you look carefully at the circled stones, you can see that they seem to have bezels within bezels. The outer bezels are relatively smooth, while the inner ones are serrated.
In all, 5 of the 9 stones have this double bezel. Technically, there is no reason for the smith to have done this--unless he was using previously set stones from an earlier piece. It is a great example of Navajo recycling, where an earlier item would be re-used in another way. It happens with turquoise beads set into bracelets or rings, and here it looks like stones were taken from an earlier bracelet and re-set on to this one.
Maybe the original bracelet broke beyond repair, or maybe the smith just needed the stones to complete this bracelet and didn't like the look of the earlier piece. Whatever the case, it makes this one of the more interesting bracelets we have ever owned.
The inside size is 5 7/8" with a 1" opening. It wears small, because it is shaped more round than other bracelets, but it can be re-shaped to fit. It would fit into any collection, because it is both a great example of the type and highly unusual. The special New Year's price is $1750.
We love talking about interesting pieces, so please give us a call with any questions.