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

Sotheby’s Paraiba tourmaline 7.70 carats
AuctionsJun 18, 2026
Paraíba Tourmalines Sell for $3.4M at Sotheby's

The recent high jewelry auction, which also featured the sale of a 10-carat blue diamond, was “a celebration of color.”

Almasika Le Cauri Endiamanté Drop Earrings
CollectionsJun 18, 2026
Michelle Obama Wears Almasika Earrings Symbolizing Feminine Power

She wore the “Le Cauri Endiamanté” earrings, our Piece of the Week, in the Obamas’ first dual portrait for the Obama Presidential Center.

Graphic for Episode 6 of My Next Question featuring Michelle Orman
PodcastsJun 17, 2026
Episode 6: Las Vegas 2026-Trends, Traffic, Broken Bathrooms

Couture’s Michelle Orman joins Amanda Gizzi and Michelle Graff for this special post-Market Week episode of My Next Question.

Brought-To-By-Article-Top-Image.jpg
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center Stage

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

SSEF emerald with filler
GradingJun 17, 2026
SSEF Issues Warning on Refilled Emeralds

The lab is seeing emeralds with filler added post-testing enter the market, accompanied by reports that indicate little to no treatment.

Weekly QuizJun 17, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Former Patek Philippe President Philippe Stern
WatchesJun 17, 2026
Patek Philippe’s ‘Visionary’ Leader Philippe Stern Dies at 88

The third generation of the Stern family to head Patek Philippe, he navigated the “quartz crisis” and preserved the brand’s independence.

James Avery Schertz Texas storefront
MajorsJun 17, 2026
James Avery to Revamp In-Store Retail Experience

The Texas-based jeweler is gradually rolling out a new experience-forward layout in its stores.

DCA-NJ-article-1872x1052-060826.jpg
Brought to you by
Building the Future of Jewelry Retail: DCA Expands Education, Leadership Development, and Workforce Solutions

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

Seattle Seahawks Championship Ring by Jason of Beverly Hills
MajorsJun 17, 2026
Seahawks’ Super Bowl Ring Blends Meaningful Design, Technical Craftsmanship

The Super Bowl LX champions were honored with diamond and blue sapphire rings by Jason of Beverly Hills.

Marianna Smirnova
Policies & IssuesJun 17, 2026
Community for Ethical Jewelry Names New Executive Director

Marianna Smirnova previously spent a decade working with the Responsible Minerals Initiative, in addition to other relevant roles.

NBA Larry O'Brien Trophy
MajorsJun 16, 2026
5 Things to Know About the 2026 NBA Championship Trophy

The New York Knicks took home the Larry O'Brien Trophy crafted by Tiffany & Co.

Lionheart Cactus Pendant
TrendsJun 16, 2026
Post-Vegas Jewelry Trend Report: Big Beads, Western Flair, White Metals

Associate Editor Natalie Francisco lists the trends she spotted during Jewelry Market Week that will dominate the second half of 2026.

Oscar Heyman ruby ring
SourcingJun 16, 2026
GemGuide Updates Ruby Prices

Its app now reflects increased prices for Mozambique ruby, as well as changes to its Burma ruby charts.

Alicia Arnold
MajorsJun 16, 2026
Sasha Primak Hires New Design Director

The manufacturer has tapped Alicia Arnold, the former director of custom design at Tiny Jewel Box.

Boulle family in hard hats
IndependentsJun 15, 2026
DeBoulle Diamond & Jewelry to Renovate Dallas Flagship

The revamped, elevated space will feature a two-story Patek Philippe atelier and a rooftop patio for parties.

G Shock Coca Cola
WatchesJun 15, 2026
G-Shock, Coca-Cola Partner on Bottle-Inspired Watch

The special-edition piece marks the 140th anniversary of the iconic beverage brand.

Buddha Mama earrings
TrendsJun 15, 2026
Amanda’s Style File: Tiny Charms Are Trending

Here are 13 small charms to inspire your layered looks this summer.

16th century flower cluster hogback diamond ring
AuctionsJun 12, 2026
16th-Century ‘Hogback’ Diamond Ring Going Up for Auction in London

Found by a metal detectorist, the ring likely belonged to a wealthy, possibly royal, owner, said Noonans.

Chouette Designs Margaux Ring
CollectionsJun 12, 2026
Chouette Designs To Launch Collection Celebrating All Types of Love

Our Pride Month Piece of the Week, the “Margaux” ring, is part of the wife-and-wife team’s new “Lovestoned” collection.

CBG logo
Events & AwardsJun 12, 2026
CBG Announces Plans for Phoenix Show

The group has named the keynote speaker and announced a new pavilion for its next event, which is slated for September.

Grandview Klein diamonds
SourcingJun 11, 2026
Grandview Klein, London Jewelers Partner To Cut 63-Carat Rough

The big stone will be fashioned into a 20.26-carat diamond in celebration of the retailer’s 100th anniversary this year.

Marie-Laure Cérède
MajorsJun 11, 2026
Former Cartier Creative Director To Head Chanel’s Jewelry Creation Studio

Marie-Laure Cérède will join Chanel as the new director of its jewelry creation studio, starting in October.

Smiling Rocks booth at JCK Las Vegas 2026
Lab-GrownJun 11, 2026
Smiling Rocks’ ‘Wish Jar’ Generates 100+ Wishes in Las Vegas

At the JCK show, the lab-grown diamond brand teamed up with Jewelers for Children to support Make-A-Wish India.

Ilana McCabe
SourcingJun 11, 2026
Signet Jewelers Exec Joins Diamonds Do Good Board

Ilana McCabe is Signet’s vice president of public relations and brand communications.

Azure blue diamond and 5.04-carat fancy vivid blue diamond
AuctionsJun 10, 2026
31.62-Carat ‘Azure Blue’ Diamond Sells For $8M+ at Christie’s

It was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.

Saks Fifth Avenue New York City storefront
MajorsJun 10, 2026
Saks Global Receives Bankruptcy Court Approval for Reorganization

The approval means the retailer is on track to exit bankruptcy proceedings this summer.

Jalen Javon Davis and Leslie La Vun Jones II
CrimeJun 10, 2026
2 Suspects Arrested in Texas Jewelry Store Robbery

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

×

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