Implementing color

I have an editable grid and need to implement the color of the item. On the form I can select the color and it is saved as HEX. When I SAVE the record it shows up as HEX. What’s the best way to convert it to color (so the user can see the color, not the HEX value).

See example here:
https://tinypic.host/image/2024-12-16-23h31-44.2L8RW9