Ruby Medallion

• WWizards of the Coast2023-07-28
  Official Ruling
  The ability can't reduce the amount of colored mana you pay for a spell. It reduces only the generic mana component of that cost.
• WWizards of the Coast2023-07-28
  Official Ruling
  The ability doesn't change the mana cost or mana value of any spell. It changes only the total cost you pay.
• WWizards of the Coast2023-07-28
  Official Ruling
  The cost reduction can apply to alternative costs such as flashback costs.
• WWizards of the Coast2023-07-28
  Official Ruling
  If there are additional costs to cast a spell, or if the cost to cast a spell is increased by an effect (such as the one created by Thalia, Guardian of Thraben's ability), apply those increases before applying cost reductions.
• WWizards of the Coast2023-07-28
  Official Ruling
  If a spell you cast has in its mana cost, you choose the value of X before calculating the spell's total cost.

Rulings via Scryfall