The Coral Phantom Statue is a members-only underwater den item that is sold at Sunken Treasures. It is a seasonal item that was originally released in October 2012 and returns every year during the Night of the Phantoms.
The Coral Phantom Statue consists of a rectangular statue with the shape of a phantom coming out of the front. There is also a maze-like design swirling all around the statue. This item comes in eight different color varieties.