Morganite is a rare type of Beryl, like Emerald and Aquamarine, and was first discovered in 1910, at Pala in California. Named for J.P. Morgan, the American banker and gemstone collector, Morganite has been adopted as a professional stone of lawyers for ensuring fairness. It is a great stone for new business to gain a foothold in the market, and is the perfect talisman to take to meetings with bank managers and accountants to receive fair treatment. All Beryls, including Morganite represent purity of being and actualizing potential. Morganite encourages fair treatment to others, especially those with mental or emotional problems or physical illnesses that make them hostile to others. Morganite opens and heals the heart chakra, helping to overcome fear, resentment and anger, and in recognizing unfulfilled emotional needs and feelings which have gone unexpressed.