Why not both? ๐
See what else fits over on the Blog: https://imperialwatchco.com/blogs/info/strap-bracelet-options-for-the-royalguard-200
Shown in photo: Royalguard 200 by Imperial Watch Co. on a Swatch x Omega Moonswatch Curved End Rubber strap (link in Blog post)
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Bracelet. No question.