Abstract: A necklace comprises an elongated strand consisting of a series of interconnected links of a polygonal cross section with the depending free ends of the strand spaced apart. A series of spaced housings are non-rotatably mounted upon the strand for selective longitudinal adjustment. Opposed walls of each housing having an aperture therethrough of a corresponding polygonal shape to cooperatively engage the strand. Each housing has an end wall and an open end including an ornament facing outwardly of the strand. A resilient spacer is interposed in compression between the end wall and strand for yieldably retaining the housing against longitudinal movement relative to the strand. A pair of housings on the strand are laterally spaced apart and interconnected.