John Hardy began his Balinese jewelry experiment very modestly, working only in sterling silver and without any gemstone adornment; his incredible ascent to success allowed him to incrementally add gold followed by precious and semi-precious gemstones to his production, and this sterling silver bracelet with yellow gold and cabochon gemstone accents indicate production toward the last stages of his masterful career
Note: John Hardy, the designer, sold his company in 2007 which continues to create jewelry under the John Hardy name; the bracelet here I believe was produced while Hardy was still working with the company that bears his name