Signed Corocraft Coro Craft "Ultra" bracelet with original tag! Tag reads, "A Masterpiece of Fashion Jewelry" (and truly, it is) on one side and Corocraft with Pegasus logo on other side. Patent number 173742 granted in 1954 and is pictured in an ad for Corocraft on page 107 of Collecting Costume Jewelry 202 by Julia Carroll.
Gold plated metal with clear baguette rhinestones and large center octagon stone in red.
In excellent condition with tag attached, perhaps never been worn. Still may have a scratch or a bit of tarnish here and there, but it's hard to tell.
Approximate size is 5/8 inch wide at widest point, and 2" across. Expands to fit over wrist and uses spring ring safety catch.

*Please note in some photos it may appear that one small round stone is missing, but it is not. All stones are present and sparkling, and to my knowledge original.