Pricing Details of Red Coral
- The Moonga stone price on an average basis starts from INR 1,000 to INR 5,000 and can go higher depending on the quality. Red Coral gemstone price per carat varies depending on the origin, quality, clarity, cut, shape, treatment, size, luster, inclusions, and certificate it carries.
- Japanese Red coral gemstone price is excessively rare and thus attracts luxury pricing from INR 5,000 to INR 30,000. The Italian Red Coral price range also tends to remain on the higher end, ranging between INR 1500 and going up to INR 18,000 per carat based on shape, colour, etc. To get in-depth details of the price, connect with our experts.
Factors Affecting Red Coral Stone Price
Red Coral stone (Moonga ratan) is a rare and highly popular gemstone. The best quality coral comes from a reputed origin and displays balance in colour saturation & consistency with minimal contamination. Followed by colour, Clarity, Cut, and Carat Weight are the 4Cs that determine the quality of Moonga ratna. The best quality moongs come from a reputed origin and exhibit a bright red colour with a smooth, spotless, lustrous surface.
Origin
Italy continues to be the most popular origin, delivering high-quality corals for more than two centuries. However, other locations including Japan, Algeria, the USA, and Taiwan are also recognized globally for producing high-quality, natural red coral gemstones. Japanese Red Coral is excessively rare, beautifully shaped, and exhibits unmatched deep red colours.
Colour
Bright red, lustrous Corals are preferred over dull, faded, or pale ones. Red coral stone price per carat increases further for vividly saturated and bright red gemstones. Red Coral does not come in a wide range of hues but its colour may differ in intensity. Its colour can range from warm red to deep pink to deep red. But, the dark red Ox-blood Red Coral is more desirable in gemstone markets.
Clarity
Being an opaque and dusky gemstone, clarity in moonga stone is judged by its surface markings, texture, and luster. Inclusions in coral may occur as blemishes, black spots, groove pits, or wood grain effects. The best quality coral stone is smooth, lustrous, and spotless or as inclusion-free as possible.
Cut
Being an organic gemstone, coral can easily crack from pressure and is thus sold in and as cabochon gemstones in oval, round, capsule, and triangular shapes. If quality and weight remain the same, round and good oval-shaped gemstones are more expensive than other shapes. Capsules are generally more economical as compared to others.
Carat Weight
Carat weight plays an essential role in determining the price of Red Coral. Larger stones with higher carat weights are rarer and more expensive. However, the price does not increase exponentially with carat weight, as factors like colour and clarity also significantly impact the value. It’s important to balance carat weight with other quality factors when choosing Red Coral.
Treatment
It is treated to enhance its colour but can be synthesized in labs as well. Artificial Gemstones occur in and as plastic, wood, or polymers. An original red coral is significantly more expensive than fake ones. It is better to buy red coral cabochon that is certified by recognized laboratories to avoid getting duped by fraudsters.
Certification
Certification from recognized gemological labs like GIA (Gemological Institute of America) or IGI (International Gemological Institute) is crucial when buying Red Coral. Certified stones are assured of their authenticity and quality, offering peace of mind to buyers. Certification verifies that the coral is genuine, untreated, and has been ethically sourced.