Like other precious gemstones, price of Red Coral also depends on 4Cs – Cut, Clarity, Color and Carat. One of the key drivers of its price is the richness of color. If the color of Coral is lighter than the price of gem is less and if it is deeper one than the price of that gem will be higher than the lighter one. It is considered that Red Coral is more expensive than the other varieties. The price of pink one as compared to red one is almost the same. Black and Blue Corals are not much demanded and their value is also not so high.
Red Coral is a hard gemstone that has a delicate red or pink color which is used in jewellery making. Polished Coral has a crumbly luster. Nowadays it is a risky species due to pollution. It is advisable to remove this gem at night.
Varieties of Corals and colors are found in different parts of the world. The best quality of Sea Coral is found in Italy. Pink Coral is quite difficult to find. The pink Hawaiian coral is also fairly famous. Blue Coral is found in the Coral reefs in the sea around Philippines.