This is for those of you doubting that the Milanese Loop can be colored. Marc Newson (who's now with Apple) once designed the Milanese bracelet in various colors for Ikepod.
Ikepod with black Milanese bracelet next to Apple Watch with standard SS Milanese Loop
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Silver Milanese
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"Space Gray" Milanese
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Black Milanese
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Yellow Gold Milanese
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Notice this is a bracelet rather than a loop (as gold isn't magnetic and hence can't fold on itself).