Vintage Siam Sterling silver bracelet featuring linked panels with traditional Niello enamel work.

Each panel is intricately decorated with hand-engraved designs, including sailboats and mythological figures. The clasp is stamped “SIAM STERLING”, indicating its origin from Thailand (formerly Siam). This type of jewelry was especially popular in the mid-20th century and is valued for its detailed craftsmanship and collectible appeal.