In 1910, morganite was discovered in Madagascar and named for legendary financier and gem collector J.P. Morgan. Morganite is a member of the Beryl mineral family—with its pink hue distinguishing it from fellow beryls aquamarine (blue) and emerald (green). Today, gemstone-quality stones are sourced from Brazil or Madagascar. The color ranges from a soft pinkish peach to richer orangey hues. We love pink and peach hued varieties in engagement rings because of its gorgeous and romantic rose tint.