This is Margot de Taxco's 5554 "Serpent" bracelet in sterling. You may be familiar with this piece in various colors of enamel. This is that same bracelet without the enamel.
It's in mint condition with the original safety chain. The box clasp is tight and secure, but does need an extra little 'push' to close. Wear it loose as a bangle or tighter, like a cuff.
Width: 1 5/8" at the front, 9/16" around the body of the serpent.
Inside measurement: 6.75".
Weight: 49.5 grams.
Hallmark: Margot de Taxco, 5554, Made in Mexico, Sterling, eagle assay 16.
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Vintage Taxco, Native American and Italian Bracelets