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J.P Morgan - Morganite History

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J.P Morgan - Morganite History

Abi Adeniran 

John Pierpont Morgan
J.P Morgan was indeed a very famous American financier who lived between the late nineteenth century and the late twentieth century.
J.P Morgan was famous for his gemstones collection whose funding was some of the greatest in the world.
Born in Connecticut on 17 April 1837, his father was a wealthy international banker who sent his son to be educated in Switzerland, then University of Gottingen Germany. His first stint in the financial world was his fathers' financial company in London in 1856 before going on to conquer American finance.
His many financial affairs included the creation of United States Steel Corporation ,the development of the American railroad supremacy and the General electric Company to name a few.
As he continued to grow in affluence, J.P Morgan was highly influential in Art, literature and gemstones collection. So much so that upon his death in 1913, his vast collections was passed on to museums like the American Museum of Natural History in New York, the Metropolitan Museum of Art to name a few.
J.P Morgan with the assistance of George F. Kunz of Tiffany and Co, he built his first collection of gemstones. His collection included gemstones from North America, comprising of specimen exceeding 1000 pieces and was exhibited at the1889 World's Fair in Paris. Which went on to win major awards like the golden awards .It is also worthy to note that the gemstone Kunzite was named after this famous American gemologist, George F. Kunz.
He commissioned in 1900 George F. Kunz, to establish a second Tiffany – Morgan collection which consisted of about 2,176 specimen consisting of gemstones from all over the world. He subsequently in 1901 acquired a $100,000 12,300 specimen collection from Philadelphia industrialist Clerence S. Bement. Bement  was also a collector of the best specimens.
This collection named the Morgan-Bement collection was also donated to the American Museum of Natural History in New York.
The collection was so extraordinary that when the late Harvard mineralogist Charles Palache saw the collection for the first time in 1898 he wrote, “All day I have feasted my eyes on minerals such as I scarcely dreamed existed.” Morgan presented the AMNH with the collection and it was so large that two railroad boxcars were required to transfer it from Philadelphia to New York.
George F. Kunz was partly responsible for the naming of a freshly discovered pinkish beryl gemstone, in Pala Carlifornia as Morganite. Thereby acknowledging J.P Morgan for his immense input in the gemstones sphere. On 5 December 1910 during the meeting of the New York Academy of Sciences. Kunz did propose the name Morganite to honor his friend and customer J.P. Morgan for his financial support for the arts and sciences, and his important gifts of gems to the American Museum of Natural History in New York and to the Museum of Natural History in Paris.

Morganite Specifications
Birefringence: Weak (between 0.008 - 0.009)
Cleavage: Imperfect, parallel to the basal pinacoid {0001}
Hardness: 7.5 - 8.0
Fracture: Conchoidal to irregular, fragile
Luster: Vitreous
Pleochroism: Distinct, pale pink
Specific Gravity: 2.71 - 2.90


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