This is an Estée Lauder cranberry lucite bangle. This modern chic translucent bangle is sliced with squared edges. It was part of an Estée Lauder advertising campaign in 2000. (Reference: Plastic Bangles by Lyn Tortoriello & Deborah Lyons).
Dimensions: 3.75 inches outside diameter, 0.63 inch H (7.63 inch inner circumference)