How Much is Coral Worth [Price By Color]
Are you wondering how much is Coral worth? Corals are sold for tens of thousands of dollars, with some of the most rare and exquisite ones sold for $100,000. The price of corals depends upon various factors, and in this article, we will delve into the details.
Coral is a vibrant gem with diverse colors, that is been popular for centuries now. Coral reefs are called the “rainforests of the sea.” However, when it comes to their value, it stretches far beyond thousands of dollars.
Beyond its aesthetic appeal, coral holds ecological significance and is crucial to the health of marine ecosystems. However, not all corals are created equal when it comes to their monetary value.
The worth of coral is significantly influenced by its color, and various factors contribute to determining the market value of different coral hues.
What is Coral
Coral is a marine invertebrate with a calcium carbonate exoskeleton. The gemstone is typically made from the hardened skeletons of certain species of coral, primarily from the order Scleractinia.
Coral gems come in various colors, ranging from white and pink to red and even blue, depending on the species of coral.
These gemstones are popular in jewelry and have been used for centuries in adornments such as necklaces, earrings, and bracelets.
The most sought-after coral gem colors are often red and pink, as they are considered particularly attractive for jewelry design.
How Much is Coral Worth
Coral comes in a stunning array of colors, ranging from delicate pastels to bold and vibrant shades. Each color is associated with a different species of coral and can vary based on environmental factors such as water temperature, light exposure, and nutrient availability.
The value of coral is often measured by its rarity, beauty, and demand in the market. Here’s a breakdown of each coral color and how much it is worth:
White Coral
White coral is the most sought-after color in the market and it is often associated with purity and elegance. Its clean and polished appearance comes from its calcium carbonate composition.
The scarcity of completely white coral adds to its value, making it a favorite in jewelry design. The demand for white coral is high, particularly in regions where it is considered a symbol of status and sophistication.
How much is white coral worth: The price of white coral depends upon various factors, but on average, the price per carat ranges from $0.50 to $5.
Red Coral
Red coral is highly sought-after because of its bold and striking appearance. Its intense red color is often associated with passion and energy, making it a popular choice for statement pieces.
Scientifically it is classified as Corallium Rubrum, which is mostly found in the seabeds of the western Pacific Ocean, and the Mediterranean Sea.
The demand for red coral is significant, particularly in cultures where it is considered a symbol of good luck and protection. The scarcity of deep red coral adds to its allure, influencing its market value.
How much is red coral worth: The price of red coral depends upon various factors, but on average, the price per carat ranges from $5 to $200.
Pink Coral
Pink corals are valued for their soft and delicate hues. It comes in deep pink colors or lighter rosy hues. These are often in species like Corallium Japonicum which is found in the Pacific Ocean around Taiwan and Japan.
Pink corals are often associated with femininity and are popular choices for creating subtle and elegant jewelry pieces.
It gets its unique color because of the presence of microscopic algae called zooxanthellae. Moreover, external factors like light exposure, and water depth can also impact the color intensity.
How much is pink coral worth: The price of pink coral depends upon various factors, but on average, the price per carat ranges from $5 to $15.
Light Peach Coral
Light peach coral has enchanting peach pastel hues with gentle pink undertones. This type of coral is typically found in species like Corallium Secundum which thrives in the Pacific Ocean around Japan, the Philippines, and Taiwan.
Its subtle blush tones make it highly desirable and is used in jewelry and decorative pieces.
How much is peach coral worth: The price of peach coral depends upon various factors, but on average, the price per carat ranges from $3 to $10.
Blue and Green Coral
Blue corals are very rare and most coveted in the market. Its vibrant blue hues are a result of pigments produced by symbiotic algae within the coral’s tissue.
These corals come in different shades of blue like sky blue, dark blue, and sea blue. These colors are highly prized for their uniqueness and are often used in high-end jewelry designs.
The rarity of finding coral with vivid blue hues contributes significantly to their market value.
How much is blue coral worth: The price of blue coral depends upon various factors, but on average, the price per carat ranges from $3 to $10.
Factors Determining the Price of Coral
While color plays a crucial role in determining the value of coral, several other factors contribute to its overall worth in the market:
1. Size and Shape
The size and shape of coral specimens significantly impact their value. Larger and well-formed pieces are often more valuable, especially for use in statement jewelry pieces or decorative items. It’s because larger corals take decades to reach their size, making them rare and more valuable.
The shape of the coral can also influence its usability in crafting specific designs, affecting its market value accordingly.
2. Quality
The quality and purity of coral refer to its overall condition, including the absence of blemishes, cracks, or discoloration. High-quality coral that is free from imperfections is more valuable in the market.
Buyers often seek specimens with a smooth and polished surface, enhancing the visual appeal of the coral and contributing to its worth.
3. Rarity
Some coral species are very rare because of their habitat, making them more valuable in the market. For example, some coral colors like blue and dark red are very rare and are sold for thousands of dollars in the market.
4. Origin
The geographical origin of coral can significantly affect its value. Certain regions are known for producing coral with specific characteristics, and collectors may place a higher value on coral sourced from particular locations.
Additionally, regulations surrounding the harvesting and trade of coral can impact its market worth, with sustainably sourced coral often commanding higher prices.
5. Cultural and Symbolic Significance
The cultural and symbolic significance of coral in different societies can influence its market value. In some cultures, coral is believed to bring good luck, protection, or fertility.
The demand for coral in regions where it holds special cultural or religious importance may drive up prices, as buyers are willing to pay a premium for pieces with specific symbolic meaning.
How to Get an Appraisal on Your Coral
Corals are sold from $50 to tens of thousands, making their appraisal harder. To get an appraisal for coral, make sure to get assistance from a professional gemologist in your area who has experience with coral.
When you find an appraiser, provide him with the details regarding your coral specimen or jewelry such as color, size, family, rarity, and origin if possible. This way you will get the proper worth of your coral.
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FAQs
What is the real worth of coral?
Depending on the type of coral and color, red coral is highly prized especially in Asia, and can be sold for up to 400 dollars per gram.
Which color of coral is the most expensive?
Red coral (also called oc blood) is the most expensive. Coral’s rich red color contributes to its popularity.
Is coral more expensive than pearls?
Coral and pearl are both regarded as precious stones, but coral gemstones are much more expensive than pearl gemstones.
Conclusion
In the intricate world of coral, color is a key determinant of its market value. From the purity of white coral to the boldness of red and the rarity of blue and green, each color contributes to the uniqueness and desirability of coral specimens.
However, the worth of coral is not solely determined by color; factors such as size, shape, quality, origin, cultural significance, and environmental considerations all play crucial roles.
