I dont think that is possible, I tried giving one red one to my alt char to turn in for a mask, as the first one only costs 1 red instead of five, and it said, "This essence doesn't belong to you".
There is a hidden ownership property on the red ones, and I dont know if the ownership changes if traded with trade window, but you can't just drop on floor and pick up with another char, and possibly looted red ones will not work.