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Lodel could be the name of an owner, as it appears to be scratched on, that is not a typical maker's mark. As for country of origin, I would guess Peru. The styling, materials and lack of marks point that direction. However that is just an educated guess.
It doesn't strike me as South American work, although the amethysts are of the grade most often seen on Mexican or even Chinese jewelry, I think the workmanship seems more North American or European arts & craftsy. The filigree, twist wire appliques and finely serrated bezel edges all seem more finely done than any I've come across on Central or South American work. The solder work is also much neater and that split tongue catch is a type I've only seen in European jewelry, but I have to say that is by no means definitive.
The points of fineness are always debatable, but it is clear that the sloppiest workmanship is on the box of the catch. This may indicate it is a replaced part, the original likely to have carried the marks. The present "Lodel" likely being a workman's mark probably indicating the owner to which it should be returned.
It may also be missing a filigree section, it closes at an amethyst to amethyst point and that really messes with the symmetry.
I have a new ID name but I am the OP of this post. I am still looking for info on this bracelet. Someone said they got one in malachite in the 1980's at an incense shop and it was made in Tibet. Anyone think that could be Tibetan?? It weighs 39 grams.
That could be, that would not be disappointing.
But, do you think it is Tibetan? There is so much Tibetan jewelry out there, but I couldn't find anything like this. The person that said it was Tibetan added that hers was a pretty high end piece. Sounding like Tibetan!