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Paramarine Bracelet?

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I picked this bracelet up, and wondered in it was paramarine. Also, I was told the red bars represent 20 jumps and the white represents 10. If that is the case, this bracelet represents 50 jumps. Not sure if that is true, has anyone seen one of these? It is unnamed and has the numbers 925 on the clasp. I believe that means sterling silver.





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