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It has a wholesale market value between $50 million and $60 million per year, with the value of each piece of jewelry based on the color, size, and quality of the coral. [1] The most common type that is sold is red coral, considered the most precious of all types and sometimes thought to be endowed with pseudoscientific properties. [ 2 ]
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In common with other Alcyonacea, red corals have the shape of small leafless bushes and grow up to a meter in height.Their valuable skeleton is composed of intermeshed spicules of hard calcium carbonate, colored in shades of red by carotenoid pigments. [1]
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Yet extant Villanovan jewelry confirms that in Etruria great effort was placed in the production of decorative arts. Jewelry was a status symbol and indicated, then as now, wealth and prosperity. Both pottery and jewelry from the Villanovan Era are decorated with swastikas, zigzags and triangles.