This Maison Margiela bracelet from the MM11 line features a red plastic top and a black metal magnetic clasp for closure. 
The SS2010 season is remembered for its “ready-made” or objet trouvé approach—where industrial materials were stripped of their original function and recontextualized as jewelry. Within this framework, the “Hardware” series emerged as one of the collection’s most iconic statements, transforming utilitarian forms into sculptural adornment. 

This set centers on the Magnet motif, complete with authentic “S” and “N” industrial markings referencing polarity, attraction, and tension—core metaphors in Margiela’s design language. Crafted from durable metal and finished with high-gloss red and blue enamel, the pieces blur the boundary between tool and talisman. The interiors are stamped with the Maison’s numerical logo, with the circled 11 denoting the accessories line.

It is in very good condition, combining both style and functionality.