Alpaca Mexico Dangle Silvertone green and white inlayed bracelet

Description

This is from a family member's jewelry collection. I don't know where she got the bracelet or if this has been worn.
The back of the bracelet is labeled "Mexico".  The writing on the back clearly shows "Mexico" but the other writing is too hard to clearly identify. I have taken a photo so that you can clearly see the actual marking. I think this could be Alpaca Mexico.
The bracelet measures about 6.5 inches inside.
Please ask before bidding as I do not accept returns. Ships USPS flat rate .95