Morganite was first discovered in California in the early twentieth century. A rich gem find of tourmaline, kunzite, and other gems outside San Diego started a gem rush in the region.  Morganite was an exciting new discovery, one that drew the attention of the world's most important gem buyer: George Kunz of Tiffany & Co. He decided to name it in honor of his biggest customer: millionaire bank tycoon J.P. Morgan, who was an avid gem collector.
Although its color is pastel, it has a lushness rare in pink gemstones. More information on Morganite can found here. 
 
FACTS
MINERAL: Beryl
CHEMICAL COMPOSITION: Be3Al2Si6O18
COLOR: Pink to orange-pink
REFRACTIVE INDEX: 1.583 to 1.590
BIREFRINGENCE: 0.007 to 0.008
SPECIFIC GRAVITY:   2.80 to 2.91
MOHS HARDNESS: 7.5 to 8
 
-Source AGTA, GIA
$2,304.90
$2,850.90
$1,071.00
$1,203.60
$1,224.00
$2,537.25
$2,585.70
$716.30
$2,975.40
$3,183.45
$6,735.60
$4,768.50
$7,434.00
$5,416.20
$8,236.80
$6,043.50
$1,318.05
$1,377.50
$2,773.05