I think that Windsorfan may have solved the mystery and that what we thought might be a bracelet is in fact beading. If it was beading on the sleeve of HM's dress that would explain why the material appears to be completely smooth. If a bracelet had slipped back over the sleeve, I think we would see some wrinkling in the fabric.
--Previous Message-- : In the pictures posted by Beth of QEQM from : 10-29-40, it appears that there is some : beading around the neckline of HM's dress. : It is most noticeable in the third photo in : the series where HM is bending forward : slightly. It is visible, although less : clear, in some of the other photos. I'm : wondering if what appears to be a bracelet : is actually just similar beading around the : cuff on her dress sleeve? That might : explain it being hidden by her coat sleeve : in some of the photos. Just a guess on my : part. :