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Precious coral or red coral is the common name given to Corallium rubrum and several related species of marine coral. The distinguishing characteristic of precious corals is their durable and intensely colored red or pink skeleton, which is used for making jewelry.

The hard skeleton of red coral branches is naturally matte, but can be polished to a glassy shine. It exhibits a range of warm reddish pink colors from pale pink to deep red; the word coral is also used to name such colors. Owing to its intense and permanent coloration and glossiness, precious coral skeletons have been harvested since antiquity for decorative use. Coral jewellery has been found in ancient Egyptian and prehistoric European burials, and continues to be made to the present day. It was especially popular during the Victorian age.