Can a bracelet cause this kind of wear and tear on the serial number ?

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My triple 6 Sea Dweller also shows this kind of damage. I went to a newer solid end link bracelet and it seems to have stopped.
 
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Pfffft, that's nothing. BTW - tiy can get thin teflon tape on amazon and Mitigate the wear. That is what I do.

Here is a 1958 Big Crown with some wear.