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

trend retail.jpg
PodcastsJan 12, 2026
The latest poscast

test

Screenshot from 2026-01-12 06-22-03.png
PodcastsJan 12, 2026
New podcast without sponsor

test

20210205_Alexia_Connellan_Gatsby_earrings.jpg
TrendsJan 12, 2026
New test Article

test article

trend ss21@2x.jpg
Brought to you by
new sponsored article

test

2019_De_Beers_rough_NEW_1.jpg
PodcastsJan 12, 2026
New sponsored podcast

test

Weekly QuizOct 03, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
MNQ FINAL - NJ web - 1872 x 1052 px.png
PodcastsJan 12, 2026
Introducing My Next Question, the Podcast

A monthly podcast series for jewelry professionals

Screenshot from 2025-12-31 12-03-28.png
PodcastsDec 31, 2025
Test new podcast post

Test new podcast post

Jewelers Mutual Group Cybersecurity
Brought to you by
Navigating Cybersecurity: Essential Guidance for Jewelers

From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.

MNQ - studio - screen -1920 x 1080.png
PodcastsDec 29, 2025
Molly Test Podcast Episode

This is the abstract for Molly Test Podcast Episode

image 169 (4 col).png
PodcastsDec 10, 2025
Podcast With Video

Podcast Without Video or Audio or Image

image 169 (4 col).jpg
Recorded WebinarsDec 04, 2025
New Recorded Webinar for tests

New Recorded Webinar for tests

User-Avatar-PNG-Picture.png
PodcastsDec 03, 2025
Test Article Title

test Abstract

20210204_Couture_show_shot.jpg
PodcastsDec 02, 2025
New podcast

test desc

Screenshot from 2025-12-05 13-54-41.png
PodcastsNov 27, 2025
Test Podcast With Video

Test Podcast With Video. New interview with Ada Lovelace.

Image for tests
PodcastsNov 25, 2025
Test New Podcast Post

Abstract for tests. New Podcast interview with John Lennon, Jimi Hendrix and Jim Morison.

National Jeweler columnist Peter Smith
ColumnistsOct 09, 2024
Peter Smith: 7 Things to Know When Selling Luxury

Ahead of the holiday season, Smith delves into the often subconscious reasons people buy luxury products for themselves or their loved ones.

Edgar Mitchell wearing Rolex watch on Apollo 14
AuctionsOct 09, 2024
Rolex Worn on Apollo 14 Mission Up for Sale

The GMT-Master “Pepsi” belonging to astronaut Edgar Mitchell is a standout in RR Auction’s online “Space Auction,” going on now.

Simon meet me at the mall campaign
MajorsOct 09, 2024
New Simon Campaign Invites Gen Z to ‘Meet Me At The Mall’

The ads celebrate the mall culture of the ‘80s and ‘90s.

Platinum Guild International training
MajorsOct 09, 2024
PGI Launches New Virtual Sales Training

Retail sales associates can access the video series on mobile to refresh their selling skills.

Gathering at Bharat Diamond Bourse for COVID vaccinations
Policies & IssuesOct 09, 2024
GJNRF: Reaching Out, Rebuilding Futures

For 25 years, India’s Gem & Jewellery National Relief Foundation has provided aid in the wake of war, natural disasters, and global crises.

Sotheby’s A Tsar’s Treasure: Ferdinand of Bulgaria
AuctionsOct 08, 2024
Sotheby’s Selling Jewelry That Belonged to a Bulgarian Tsar

The November auction will feature a collection of jewels owned by Ferdinand I, the first king of modern Bulgaria, and his family.

Rough diamonds mined at the Diavik Diamond Mine
SourcingOct 08, 2024
Rio Tinto Begins New Phase of Production That Will Extend Diavik’s Life

Commercial production has begun underground at the Canadian diamond mine’s A21 pipe.

Stock image of hand holding phone by keyboard
SurveysOct 08, 2024
What to Know About Online Shopping This Holiday Season

Deloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.

Sylvie and Uncommon Man Campaign
CollectionsOct 08, 2024
Sylvie Adds New Men’s Bands

The Texas-based jeweler collaborated with luxury clothing brand Uncommon Man on men’s bands designed with European influences.

Diamond on polishing wheel Venus Jewel India
SourcingOct 08, 2024
Is Current Diamond Industry Turbulence Shaping a ‘New Normal’?

Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.

Rio Tinto 2024 Beyond RareTM Tender Art Series
SourcingOct 07, 2024
Rio Tinto to Offer 76 Diamonds in 2024 Beyond Rare Tender

The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.

Kristi Yamaguchi and Scott Heller
CollectionsOct 07, 2024
Olympian Kristi Yamaguchi Partners With Heller Jewelers on New Collection

A portion of the proceeds from the “Always Dream” collection will go to Yamaguchi's foundation, supporting early childhood literacy.

×

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