Hans Hansen of Minnesota registered this medium to large size cultivar in 2003 as a sport of H. 'Abiqua Moonbeam'. It has pale lavender flowers that begin blooming in mid-July.

According to The Hosta Handbook by Mark Zilis (2000), "The wider margins set 'Velvet Moon' apart from 'Abiqua Moonbeam', but it comes very close to Van Wade's 'Gemini Moon'."