Editors

4 Takeaways from the First HardRock Summit

EditorsSep 27, 2021

4 Takeaways from the First HardRock Summit

Senior Editor Brecken Branstrator shares insights from the show, including what people have been buying and where it could go from here.

20210927_HardRock-header.jpg
The inaugural HardRock Summit in Denver included one area for fine gems and jewelry, called Sparkle & Joy, as seen here in this show floor shot. (Image courtesy HardRock Summit and PhotographyG.com)
Last week I was back with the gem world, and boy did it feel good.

I was lucky enough to travel to Denver to attend the first HardRock Summit, an event organized by two trade show veterans

There were two components to the show: “Evolution” for minerals and fossils, running concurrent with the Denver Gem & Mineral Show at the Colorado Convention Center, and “Sparkle & Joy,” which included AGTA GemFair Denver, at the Sheraton hotel.

I spent a day walking around the mineral shows at the convention center—which I loved because I’ve slowly become obsessed with the beauty of a fine specimen—and the rest of my time at Sparkle & Joy to get a pulse on how the trade is faring as well as to, of course, ogle some fine gems.

Here are a few insights and takeaways from my days in Denver.

1. How the market has been doing

The last time I had conversations with dealers in person was at the 2020 Tucson gem shows, and though I’ve connected remotely since then for various projects—including a story on how the trade handled a limited Tucson this year and a webinar about the state of the market—it was nice to be able to glean some perspectives in person once again.

What I heard in Denver seemed to be along the same lines as what I’ve been hearing for the past year and a half: the start of the pandemic was rough, when business came to a halt, but the rest of the year more than made up for it. 

We were coming off a strong start to 2020, with the sentiment in Tucson very positive about buying activity and what the rest of the year had in store for colored stones. 

Once the market opened again and trading activity resumed, people were indeed buying.

Demand has been there, as those with disposable incomes turned their spending to jewelry and the joys of colored stones, and with supply strained due to the pandemic, prices have been strong. 

I think it’s safe to say that color is in for a great holiday season. 

2. What’s selling

I also used my time at the booths to ask exhibitors what’s been selling over the past year or so.

Many of them reiterated that spinels are still hot, with several noting in particular that the gray/platinum-colored spinels continue to be hard to keep in stock.

Sapphires still do well for most. There were also several mentions of the increasing popularity of Montana sapphires, and teal sapphires overall, a trend that’s been a few years in the making and was mentioned by our fashion editor Ashley Davis in this year’s post-Las Vegas webinar

There were also many mentions of interest in bi-color stones as well as those with a slightly unusual color or cut, also trends I’ve been seeing in Tucson for a few years now. It doesn’t seem like the overall trend of consumers looking for something rare and special has done anything but boom during the pandemic. 

A few other trends I’m monitoring based on Denver conversations: Are emeralds having a comeback, especially as ruby prices rise? Will trends switch back to pastels again after some time of looking for bold, vibrant colors? 

 Related stories will be right here … 

3. The potential of the show

I think we all went into the HardRock Summit keeping a few things in perspective—it’s the first year, and the world is far from out of the weeds when it comes to the pandemic.

With international buyers and dealers unable to make the trip for various reasons and many stateside still opting out, it was a fairly small event (200 exhibitors total participating in both parts) and traffic on some days felt light.

Several exhibitors I talked to said they had a good first day and some other business throughout but noted other days were slower.

I didn’t see, or hear of, many consumers in Sparkle & Joy—the fact that the public would be allowed in was a popular topic of conversation before the show—to evaluate how that went, so we’ll have to see how the consumer element plays out in the future.

But everyone seemed to have the attitude that they weren’t expecting the HardRock Summit to be some big blowout event this year; rather, they were happy to be back at a trade fair and were excited to think about the show’s potential.

Denver has long hosted shows in the fall, mostly minerals and rough for cutters to source, so it definitely makes sense as a place to build for sourcing at that time of the year.

Plus, it presents an interesting opportunity amid the conversation about the future of trade shows.

The editors at National Jeweler have heard it asked time and again: Has the pandemic permanently changed the way we do business? And, what will be the role of trade events as life returns to “normal,” whatever that might be?

I think we can all agree trade shows and buying events will never go away—I certainly felt that on the show floor in Denver—but there also seems to be a reshuffling in terms of event strategy.

If people do indeed end up turning to fewer, select shows throughout the year, I think Denver and Tucson could prove to be the two big events for the domestic colored stone sector.

This could be especially true if predictions that fewer in the trade will travel to the Hong Kong gem and jewelry shows in the future comes to fruition.

20210927_HardRock-insert.jpg
A selection of fine minerals showcased at the recent “Evolution” event at the HardRock summit (Image courtesy HardRock Summit and PhotographyG.com)

4. The synergy between fine gems and minerals

I’ve always found it odd that the fine mineral and gem worlds can feel so separate. 

I realize the buyers for both are often divergent, as they are looking for different things or buying for different purposes. 

But they are two sides of the same coin, and I think interest in one can only build interest in another, and I loved getting to see both sides at the Summit. 

Evolution offered gorgeous fine specimens at many different price points, and the Denver Gem & Mineral Show offered smaller pieces and flats of specimens to look through, as you might see in the tents in Tucson. 

Getting to go from Evolution to Sparkle & Joy, the fine gem and jewelry show, the next day helped bring it all together and tells the perfect story about all the facets of gemstones, from rough to finished. 

The show already has confirmed that next year, both components of the HardRock Summit will be held together at the convention center, and I can’t wait to see how the synergies between them play out.

The Latest

Pair of Ippolita Lollatini earrings
MajorsDec 19, 2025
MadaLuxe Group Acquires Ippolita

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Bulgari CEO Laura Burdese
MajorsDec 19, 2025
LVMH Names New Bulgari CEO

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

Front of Jean Schlumberger’s ‘African Cat’ brooch
AuctionsDec 19, 2025
Jean Schlumberger’s ‘African Cat’ Is Purr-Fection

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Audemars Piguet Grosse Pièce
AuctionsDec 18, 2025
Audemars Piguet Reclaims Historic Pocket Watch at Auction

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

Weekly QuizDec 18, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Diamond ring in parts
Lab-GrownDec 18, 2025
Kira Jewels Debuts Custom Lab-Grown Diamond Jewelry Service

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Rendering of Bob’s Watches JFK airport store
WatchesDec 18, 2025
Bob’s Watches to Open Store in New York’s JFK Airport

The boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

JamAlert 1872x1052.png
Supplier BulletinDec 18, 2025
Cell Jammers Are Targeting Your Business. Here's How to Beat Them

Sponsored by Digital Monitoring Products

Fabergé egg pendant near gloved hand
CrimeDec 17, 2025
Man Pleads Not Guilty to Swallowing Fabergé Pendant

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Ashley Zhang Jewelry Snake Necklace, Renato Cipullo Hematite Blaze Necklace, Vanessa Fernandez Studio Curva Wrap Hoops, Hernsdorf Tears of Aphrodite Necklace, Robinson Pelham Tsar Star Earrings, Marla Aaron Nymphenburg Lock, Lof The Valentine Ring
EditorsDec 17, 2025
2025 Jewelry Rewind: The Best Piece of the Week Picks

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

Lucy Hale in Jacquie Aiche’s Love and Desire Campaign
CollectionsDec 17, 2025
Lucy Hale Stars in Jacquie Aiche’s Holiday Campaign

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

SSEF logo
GradingDec 17, 2025
SSEF Announces 2025 Scholarship Winners

Two awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.

Pandora Alexander Lacik and Berta de Pablos-Barbier
MajorsDec 16, 2025
Pandora’s New CEO Will Step Up Early

Berta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.

JAR pendant brooch, fancy intense blue diamond
AuctionsDec 16, 2025
Suzanne Belperron, JAR Shine in Sotheby’s First Auctions at New HQ

Sotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.

The Jewelry Symposium logo
Events & AwardsDec 16, 2025
TJS Now Accepting Scholarship Applications for 2026

Winners will receive free registration and lodging for its fourth annual event in Detroit.

National Jeweler columnists and PR professionals Duvall O’Steen and Jen Cullen Williams
ColumnistsDec 16, 2025
Beyond Unboxing: Creative Reveals to Drive Reach and Engagement

Here are six ideas for making more engaging content for Instagram Reels and TikTok, courtesy of Duvall O’Steen and Jen Cullen Williams.

Tiffany & Co. logo, Anna Martin, CD Peacock logo
Events & AwardsDec 16, 2025
Diamonds Do Good Names 2026 Award Recipients

The honorees include a notable jewelry brand, an industry veteran, and an independent retailer.

Stock image of gavel
CrimeDec 15, 2025
Men Receive Life Sentences in Home Invasion Murder of Jeweler

Carlos Jose Hernandez and Joshua Zuazo were sentenced to life without the possibility of parole in the 2024 murder of Hussein “Sam” Murray.

Eduard Stefanescu, left, and Sara Yood, right
Policies & IssuesDec 15, 2025
Sara Yood Named Co-Chair of RJC Standards Committee

Yood will serve alongside Eduard Stefanescu, the sustainability manager for C.Hafner, a precious metals refiner in Germany.

MS Rau Aspen rendering
IndependentsDec 15, 2025
M.S. Rau to Open Store in Aspen

The New Orleans jeweler is also hosting pop-up jewelry boutiques in New York City and Dallas.

Tiffany & Co. Paraíba tourmaline jewelry
AuctionsDec 12, 2025
13.54-Carat Paraíba Tourmaline Sets Records at Christie’s

Set in a Tiffany & Co. necklace, it sold for $4.2 million, the highest price and price per carat paid for a Paraíba tourmaline at auction.

David Webb holiday window
MajorsDec 12, 2025
David Webb Reveals Ice-Cold Holiday Window Display

The jeweler’s “Deep Freeze” display showcases its iconic jewelry designs frozen in a vintage icebox.

Oscar Heyman Yellow Green Sphene and Diamond Ring
CollectionsDec 12, 2025
Piece of the Week: Oscar Heyman’s Sphene Ring

Take luxury gifting to new heights this holiday season with the jeweler’s showstopping 12-carat sphene ring.

IGI Design Contest Graphic
Events & AwardsDec 12, 2025
IGI Jewelry Design Contest Now Accepting Submissions

This year's theme is “Unveiling the Depths of the Ocean.”

Jacquie Aiche Alien Heart Eye Inlay Necklace, Cicada Dragonfly Brooch, Harkness After the Rain Earrings
TrendsDec 11, 2025
Pinterest 2026 Trend Report: Brooches, Bold Gold, Cool Blue

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

GIA new colored stone report
GradingDec 11, 2025
GIA to Offer Origin Determination for 3 More Gemstones

Starting Jan. 1, customers can request the service for opal, peridot, and demantoid garnet.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy