Before I tell you anything about it I would want to tell you that I haven't experiensed this tradition ,but my bulgarian friend have taught me ,about it.The annual event is celebrated on the 1st March when Bulgarians greet each other by exchanging these gifts (which cost as little as 50 stotinki) to wish them health and happiness. Bulgarian's tend to wear them on their wrists, some have many displaying their popularity, others wear them like brooches on their coat. Traditionally they are worn until the first stork is seen and then buried under a stone or tied around a fruit tree.