Not seen as often as the brown and yellow coloured stone, red tigers eye is used purely for decorative purposes but whilst being heated it loses any chatoyant qualities. Black tigers eye goes through the same process but retains chatoyance if it was present prior to the stone being heated.
The reason this red tigers eye pendant has been reduced is because there is some minor damage on the back of the cabochon which took place whilst the pendant was being crafted. Two small sections of the top layer of the gemstone have broken away and whilst further polishing may have smoothed the indentations, it would have meant removing another layer of the mineral. Due to the amount of work that goes into making each pendant, we prefer to reduce the price of piece with minor anomalies or imperfections as opposed to having them re-made.
As with any item purchased from Stone Mania, should you not be totally satisfied with this red tigers eye pendant it may be returned for a full refund (T&C's apply).