The original 19c yellow and navy blue nylon paracord sword knot (portapee), for display and combat purposes only.
There is a blue ranger bead slider knot for tightening it on the wrist just above where the knot is dropped thru the guard which was slid further up for the earlier photo.
I did unwrap it and pushed it aside for the photo above, but I did leave it on in the slot in the knuckle guard to better contrast the pommel bit.