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

Deutsch & Deutsch jewelers team
MajorsJan 23, 2026
Watches of Switzerland Acquires 4-Store Jewelry Chain in Texas

Family-owned jewelry and watch retailer Deutsch & Deutsch has stores in El Paso, Laredo, McAllen, and Victoria.

Baume & Mercier Riviera 10812 pink watch
WatchesJan 23, 2026
Damiani Group to Acquire Baume & Mercier

The Italian luxury company purchased the nearly 200-year-old Swiss watch brand from Richemont.

Martin Katz snowflake earrings
TrendsJan 23, 2026
Martin Katz’s Earrings Call to Mind Wintry Weather

Micro-set with hundreds of diamonds, these snowflake earrings recreate “winter’s most elegant silhouette,” and are our Piece of the Week.

JamAlert 1872x1052.png
Brought to you by
How Jewelers Can Fight Back Against Cell Jammers

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

Ella Blum
MajorsJan 23, 2026
Rembrandt Charms Names New Director of Creative, Brand Strategy

Ella Blum was appointed to the newly created role.

Weekly QuizJan 22, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
National-Jeweler_1872x1502_B copy.png
Supplier BulletinJan 22, 2026
The Rise of Centralized Sourcing in the Colored Gemstone Market

Sponsored by RapNet

Lugano Diamonds Greenwich Connecticut store
MajorsJan 22, 2026
Lugano Diamonds Finds a Buyer

Investment firm Enhanced Retail Funding, a division of Gordon Brothers, was the successful bidder.

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.

A Diamond Is Forever book
SourcingJan 22, 2026
De Beers To Release ‘A Diamond Is Forever’ Book

It explores the history of the iconic tagline and the company’s strategy to redefine the role of diamonds in society.

Sindhu Culas
MajorsJan 22, 2026
Swarovski Appoints New North America President

Retail veteran Sindhu Culas has stepped into the role.

Taylor Burgess
MajorsJan 22, 2026
Stuller Names New Chief Merchandising, Marketing, Sales Officer

Taylor Burgess, who has been at Stuller since 2013, was promoted to the newly created role.

My Next Question podcast with Sherry Smith and Edahn Golan
PodcastsJan 21, 2026
Episode 1: High Gold Prices, the Diamond Dilemma, & What’s Next

Was 2025 a good year for jewelers? Did lab-grown diamonds outsell natural? Find out on the first episode of the “My Next Question” podcast.

Columbia Gem House celestial shapes
SourcingJan 21, 2026
Tucson Preview 2026: Earthy Tones and Innovative Shapes

Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.

Gavel and books stock image
CrimeJan 21, 2026
4 Men Charged in $1.7M California Smash-and-Grab Jewelry Store Robbery

Plus, JSA’s Scott Guginsky discusses the need for jewelers to take more precautions as the gold price continues to climb.

Felice Korr Morris
IndependentsJan 21, 2026
Delaware Jeweler Felice Morris Dies at 91

Morris’ most cherished role was being a mother and grandmother, her family said.

Bulgari Vimini Collection Campaign
CollectionsJan 21, 2026
Bulgari Weaves New Collection of ‘Vimini’ Creations

“Vimini” is the first chapter of the “Bulgari Eternal” collection that merges archival pieces with modern creations.

The Ritz-Carlton Half Moon Bay California
Events & AwardsJan 21, 2026
Jewelers Mutual’s ‘Conversations’ Retreat Returns to Discuss AI

The third edition will be held in Half Moon Bay, California, in April.

Hiba Husayni, Jules Kim, Johnny Nelson, Dorian Webb, Lorraine West
Events & AwardsJan 20, 2026
These Are the 5 Finalists for the David Yurman Gem Awards Grant

The grant is in its first year and was created to recognize an exceptional fine jewelry designer whose star is on the rise.

Emmanuel Raheb, National Jeweler columnist and CEO of Smart Age Solutions
ColumnistsJan 20, 2026
First-Party Data Is the Most Valuable Asset Jewelers Have in 2026

Data built on trust, not tracking, will be key to success going forward, as the era of “borrowed attention” ends, Emmanuel Raheb writes.

Heath Yarges
MajorsJan 20, 2026
Borsheims Hires New Assistant Facilities Manager

Heath Yarges brings two decades of experience to the role.

Buccellati Opera Tulle ring
FinancialsJan 16, 2026
Richemont’s Jewelry Brands Shine in Q3

Cartier, Van Cleef & Arpels, Buccellati, and Vhernier had another successful holiday season, Richemont reported this week.

Lagos SML High Jewelry Bee Brooch
TrendsJan 16, 2026
Diane Lane's Brooch Buzzes at the 2026 Golden Globes

Our Piece of the Week is Lagos’ “Bee” brooch that was seen on the red carpet for the first time on Sunday.

Gavel
CrimeJan 15, 2026
D.C. Rapper ‘Taliban Glizzy’ Sentenced to 18+ Years for Jewelry Store Robberies

Trevor Jonathan Wright led a crew in a string of armed robberies targeting South Asian-owned jewelry stores on the East Coast.

Jewelers of America 20 Under 40 Program
Events & AwardsJan 15, 2026
Jewelers of Americas’ ‘20 Under 40’ Nominations Now Open

The program recognizes rising professionals in the jewelry industry.

The Venetian Expo Las Vegas
Events & AwardsJan 15, 2026
Registration for JCK Las Vegas 2026 Is Now Open

A new lifestyle section and a watch showcase have been added to this year’s event.

Avocados From Mexico Golden Double Dip Chip
TrendsJan 15, 2026
Don’t Double-Dip With This Golden Chip

Avocados From Mexico is celebrating those who love to double-dip in game day guacamole with a 14-karat yellow gold tortilla chip necklace.

41.82-carat rough blue diamond recovered from the Cullinan Mine
SourcingJan 15, 2026
Nearly 42-Carat Blue Diamond Discovered in South Africa

Petra Diamonds unearthed the 41.82-carat, Type IIb blue diamond at the Cullinan Mine.

×

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