The very first pen I ever made was purpleheart. I still have it 5(6?) years later, and it's nowhere close to being as purple as it was the day I turned it. It's now a deep purple/brown. That day, I used a torn up paper grocery bag folded up into tight creases to burn a few deep purple stripes in it. Those lines look black now.
I can't remember how it happened, but I managed to get some CA glue on it right after I'd finished it. I was still new enough at it that I was unwilling to take it apart and re-finish it, partly because I didn't yet have a disassembly tool. :-/ Anyway, the spot with the CA on it is still a bright reddish purple. I left it just like that because it was my first pen, and I wanted to remember the adventure of doing something new, as well as recall my mistakes in hopes of not making the same ones again. No worries. I found a whole bunch of new ones to make.
That said, I've also turned some purpleheart that *already* looked brown when I turned it. It seems to me that purpleheart gets *more* brown with age and exposure, rather than the other way around. The blanks that sit in the shop longest before I turn them seem to be browner than the ones that I turn soonest. Or it could just be my imagination.
Also, part of the issue may be with which part of the tree you get. If your blanks are from the outer rings, they may be darker and/or browner than ones cut from heartwood. Maybe that's why it's called purple*heart*. Just speculation, though. Can't say for sure.
If anybody out there has any tricks & tips for keeping it as bright purple as it starts out, I'd be interested. I'll probably try some experiments soon with some kind of UV-resistant polish and/or finish it with CA.
Oh, yeah. Sometimes I do the friction thing with paper (just about any kind will do) to deepen the purple. After that, I just stick the finished blanks in the globe of a light fixture next to the bulbs for a while to let them darken a little more. But not long enough to start a fire.
And the grain is a little open, in line with Padauk, but not as much as some red oak I've turned. I finish it almost like an acrylic, using Micro Mesh, going up to about 4800 or 6000, then using two grades of PPP, and wrapping up with a couple of coats of Hut Crystal Coat. May be overkill, but I get a smoother finish these days than I did when I first started turning.