In the Grand Celestial World, only the greatest cultivators who had attained the Immortal Soul Stage could smelt and mold their own magic treasures. All cultivators below the Immortal Soul stage could only cultivate magic items and not magic treasures. The magic items created would be benchmarked against the stage which the cultivator was at. The different stages were the Nascent Soul Stage magic item, Aurous Core Stage magic item, the Foundation Establishment Stage magic item and the Qi Training Stage magic item.
From the above paragraph, it was understood that the concept of magic treasures and magic items were totally different.
Magic treasures would develop its own treasure spirit and like an independent life form, it would possess the ability to think and to remember. Also, it could absorb the spiritual energy from its surroundings to improve its own capabilities.
Hence, a magic treasure could potentially become stronger than its original Immortal Soul Stage cultivator.