KALBE Vintage 12k Gold Filled Love Bracelet with Gift Box

EUC vintage 12k gold filled LOVE ID style bracelet from KALBE with squared box snake chain. Both the ID panel and clasp are marked 1/20 12k gf. Only one previous owner. Circa 1960s or 70s. Includes original KALBE branded presentation gift box. The elastic that secures the bracelet to the green velvet inside the box is dried out and no longer stretches.