Royal Purple
Codes and Numbers
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The hexadecimal code that matches this color is 6B3FA0
Justification
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This color was named for tradition. Tyrian was the original color of royalty because Tyrian was the oldest cloth dye in history and it was expensensive. Therefore, only royalty could afford it. As dye options became more plentiful, the color chosen to represent royalty has changed but has always remained a shade of purple.
This color is a shade of Purple
Confirmation by Picture
References
http://en.wikipedia.org/wiki/List_of_colors