The present invention is directed to a coated bismuth oxy halide-based pigment having a coating comprising an antioxidant. Further, the present invention is directed to a composition comprising a paint, a lacquer, an ink, a cosmetic, a resin, a plastisol or a polymer formulation, and such pigment. In addition, the present invention is directed to a method for manufacturing a coated bismuth oxy halide-based pigment, said method comprising the steps of: - providing a dispersion of a bismuth oxy halide-based pigment, - adding a dispersion of an antioxidant, - mixing and drying.