My point is that letting Nyn read it when Elayne is right there is not a relevant point as Elayne had no particular ability in the books to know what a ter'Angreal does - only an interest (and perhaps a talent) in learning how to make ter'anreal - it was Aviendha who found she had the talent to know what an existing ter'angreal does (and much later).
Nyn got the sense of suffering when touching the male adam, in general if a male who can channel touches an active adam he and those wearing it suffer great pain, if the bracelet is put on a male who can channel while a woman who can channel is wearing the collar then both die from it. The male adam was designed to allow one or two females who can channel to control a male who can channel, there is no general adverse effect from females touching it, only Nyn got the impression of suffering.