Morganite is a transparent peachy-pinkish variety of the mineral Beryl and was named after J.P. Morgan, who was a gem collector as well as the face of Chase Bank.
The stone was named to honor him since he provided significant mineral contributions to the American Museum of Natural History in New York. Morgan was also a loyal Tiffany and Co. customer and it was Tiffany's chief gemologist, George Kunz, who suggested naming the gem.
I have one natural morganite in my collection and it's a piece of jewelry that I wrapped for myself. I also have some synthetic morganite available. Natural morganite is popular and rare so it's pretty pricey. The lab-created version has the same chemical properties as the natural gemstone.
I couldn't find much on how lab-created morganite is made except for an article by Gems n Gems which noted that they sell the hydrothermal growth version of the lab-created morganite. This is used with platinum technology and is a slow and steady process for growing synthetic morganite.
It requires heat, pressure and imitates the conditions deep in the earth to create these beautiful gems. Gems N Gems also noted that lab-created morganite can't be created by flame fusion, crystal pulling, or flux growth method and that the quality and resemblance of synthetic morganite that is created with the hydrothermal process is the best. It also follows the same process as natural morganite.
The morganite I have for sale is a lab-created gem and I am not sure of the process--I bought it off of Etsy from someone in India. I thought it was pretty and would be cool to wrap. Someone out there will love it. The photo below is a shot of the gemstone with a macro lens.
Morganite Facts & Lore
MyGemologist noted that since morganite is in the same mineral family as emerald, that it is often called the Pink Emerald. Other names for the gem are pink beryl, rose beryl, and Cesian beryl which refers to the presence of the mineral Cesium which contributes to the color of the gem. Manganese also contributes to morganites color. This website also noted that morganite is often treated with heat to remove yellow and orange hues--for a pure pink gem.
The gemstone's lore is centered around the power of the gem. Morganite is believed to help balance the flow of energy throughout the body since it resonates on a frequency of pure love--it brings that into the wearer's auric field. Morganite is also known for balancing emotions, helping one to release an energetic block to love. It's also known for helping one to be more compassionate, empathetic, and patient.