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Re: MONAHANS, TEXAS METEORITE PURCHASE

WRONG!!!..........paying $50.00 per gram for MONAHANS,TEXAS will have NO
bearing on the price of common La's............i.e.. = CLAXON,GA.,
PEEKSKILL,NY.,
NOBLESVILLE,IN...............MONAHANS,TX now joins the ranks of witnessed
falls
that have caused to some extent a bit of excitement.........Casper
-----Original Message-----
From: WBranchsb@aol.com 
To: meteorite-list@meteoritecentral.com

Date: Monday, June 15, 1998 11:06 AM
Subject: Re: MONAHANS, TEXAS METEORITE PURCHASE


>Hello Michael and List
>
>> As I see it, after all is said and done, Monahans will be out there
>>  for no less than $50.00 per gram!...............Casper
>
>Same logic applies - collectors, don't buy it for $50.00/gram.  In the
final
>analysis, collectors determine the prices of meteorites, not dealers.
Dealers
>sell for what the market will bear, and rightly so.  This is one of the
>fundamental tenets of a free market economy and I don't fault a dealer one
>bit.  I would do the same if I were a dealer.  Another fundamental tenet
>states that if something doesn't sell at a given price, perhaps the price
is
>too high and needs to come down.  We saw this recently with the only two
>samples of moon rock available to private collectors.  When a more
reasonable
>price came along. collectors jumped.
>
>Buyers ultimately determine the market price for most goods and services.
If
>you want to pay a lot more more for L6s in the future, then lets all buy
this
>one up at $50.00/gram.
>
>-Walter
>
>-Walter
>
>