Connect with us


Beguiled by jewels

Legacy Phuket Gazette



PHUKET: Art gallery owner Eric Smulders is well known on the island for his passion for Asian art, but recently he has taken the plunge into the world of fine jewelry. At his gallery in Surin, Soul of Asia, Eric will be displaying and selling 60 pieces of exquisite jewelry featuring precious stones such as diamonds, emeralds, tanzanites, sapphires, rubies and others. But before you think these might be out of your reach, make sure you check the price tag, as all the pieces are selling from up to 80% below their official valuations.

How can this be? Well, Eric is not a newcomer to the business – he spent six years as managing director of Cartier, so, you have to take him at his word when he says: “I know a little bit about jewelry”. He has spent the past six months amassing the collection from estate sales and auction houses such as Christie’s and Sotheby’s at rock bottom prices and is able to on-sell them to customers in Phuket for unbelievably low prices. All the pieces have valuation certificates stating their authenticity and estimated market price.

Eric says that his ability to find such bargains is largely due to the recent global economic woes forcing many in the jewelry industry out of business.

“In the last few years, many jewelers went bankrupt. Many dealers in, say, rubies and sapphires, have also gone bankrupt because the market has just dried up.

“So out of that has come a kind of new industry that markets these jewels [sourced] from bankruptcy courts, from seized government assets and from jewelers who go bankrupt,” he says.

Eric is confident the pieces will sell fast, and if this new venture is a success he says he plans to integrate it as part of his gallery business on a permanent basis.

“This will be a part of the continuous activity of the gallery. I’ve always been interested in jewelry, especially managing Cartier for five or six years. That was about 15 years ago. So, I know a lot about this stuff and I know a lot of people in the industry.

“We’ve always had a small collection, and we sell maybe 10, 15 rings per year from the smaller collection, and now of this collection we’ve already sold about nine of the 60.”

— Mark Knowles


Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forums
🔔 Subscribe to our daily email newsletter
📺 Subscribe / Join YouTube for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram


Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Thailand2 hours ago

Covid UPDATE Saturday: 18,912 infections, news briefs

Drugs8 hours ago

Police nab 600kg heroin drug bust, year’s biggest in Northeast

Koh Samui11 hours ago

Koh Samui unaccustomed to Covid-19, many act in dismay

Sponsored2 days ago

Experience Phuket’s Islands with 5 Star Marine

Welcome back to Thailand!

Thaiger is getting behind local businesses for the restart of tourism in Thailand - up to 50% discounts across all advertising packages!

Thailand13 hours ago

Bangkok Airways extends flight suspension to August 11

Thailand14 hours ago

7 Jomtien Beach curfew breakers arrested

Thailand15 hours ago

Buri Ram pig stable converted into gambling den: 22 arrests follow

Join the conversation on the Thaiger Talk forums today!
Thailand16 hours ago

“Fake news” banned, Thai media say order infringes on freedoms

Phuket16 hours ago

Precarious Phuket: open internationally, closed domestically

Best of16 hours ago

Top 5 tattoo parlours Bangkok

World16 hours ago

Duterte approves lockdown measures for Manila

Best of16 hours ago

The Best Pizza in Bangkok with Delivery

Thailand16 hours ago

Thailand News Today | worker camp woes, ‘fake news’ crackdown | July 30

Best of17 hours ago

Best Premium Hotel Buffets in Bangkok

Coronavirus (Covid-19)17 hours ago

CCSA considers extending restrictions in “dark red” zones for another 14 days

Thailand17 hours ago

Fake dead bodies used in Phuket protest, police plan real investigation

Thailand5 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism5 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket5 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism5 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand5 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism5 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand6 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand6 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand6 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand7 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand7 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand7 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand7 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand7 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand7 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8