This is a widely used red in "Alizarin Crimson Permanent" and other substitutes for fugitive Alizarin, however some tests indicate it may not be very permanent in the long run. It's very transparent.
This color, along with other similar anthraquinone pigments, may be carcinogenic. While this specific pigment has not been tested, other similar pigments have been listed as "reasonably believed to be carcinogenic." Please see Monona Rossol's research work for more.
Even though it received an ASTM I designation, it is reported to eventually fade, given enough sun exposure. Virgil Elliott's long term lightfastness tests revealed interesting things that go beyond the regular ASTM testing. One of his six-year test panels can be found here.
So, while some pigment suppliers make a product that can receive all 8's (excellent) on the blue wool scale, this pigment does appear to fade eventually with long-term exposures which go beyond usual lightfastness testing.
This is a rich, lustrous, sparkling red with depth in a helpful area of the spectrum. It is transparent and chromatic at a low lightness. If you use this color it might be helpful to do your own lightfastness tests since among suppliers it seems to vary a bit.
