[meteorite-list] Expensive?

From: Adam Hupe <adamhupe_at_meteoritecentral.com>
Date: Thu Apr 22 10:22:43 2004
Message-ID: <025e01c33c6d$ef5c20c0$b4dbe60c_at_attbi.com>

Dear Matteo and List Members,

This string started out as "what is the most expensive meteorite and how
does this compare to other things?" and then an old price list came up. Now
today's prices are being compared to an old list when the economy was
better. Like every other collectible market, right now, meteorites dropped
in price just like the stock market corrected itself. Every market has its
ups and downs. When the economy is bad people tend to spend money on
necessities not collectibles. When people have more disposable income
things like meteorites will be less burdensome on budgets. This will
increase demand, the supply will go down, more people will join in and
presto collectors will be wishing for the good old days (right now) when
meteorites could be bought for next to nothing in relative terms. If you
added 10% more buyers to the mix prices would double over a period of a
couple of months then people would complain the price is too high.

We have been taking advantage of the lower prices right now and are using
this opportunity to expand our collection. Then when the economy returns in
a couple of years we will be smiling instead of complaining.

I would not worry long-term about the prices being in ruin. Only if we were
in it for the short-term would I be concerned.

Wishing everybody rich rewards,

Adam




----- Original Message -----
From: "M come Meteorite Meteorites" <mcomemeteorite2000_at_yahoo.it>
To: "Meteorite List" <meteorite-list_at_meteoritecentral.com>
Sent: Thursday, June 26, 2003 9:56 PM
Subject: Re: [meteorite-list] Expensive?


> Hello
>
> I not have buy only on ebay Tenham, I have buy my 45
> gr. slice for $2.1/gr. and if you see who have tenham
> for the price of 6-10/gr. not sale why now the people
> have the right price of this meteorite is $1.2-2/gr. -
> thanks to the all put rare or historical meteorites on
> ebay for ruined prices - after is not only the low
> prices for some meteorites, other is many esagerated
> type request $3000/gr. for a slice of Renazzo when
> time ago I have find a 10 gr. slice for $5000,
> unfortunately I not have $5000, but if I trade from a
> museum the value is $300/gr. not 3000 - over a 1 gr.
> of Orgueil - Park Forest if I want I find pieces take
> the first days for this price, but is over the 50 gr.
> and is not for me.....the price guide is to change
> all, who have the old prices not sale many, I see my
> historical pieces, the just price but no go sale...
> Regards
>
> Matteo
>
>
> --- MARK BOSTICK <thebigcollector_at_msn.com> wrote:
> > Hello Matteo and list,
> >
> > You wrote: Tenham, $6-10/gr. now I have buy for
> > $1.2/gr.
> >
> > I would say Tenham still is worth $6-10/g. Just
> > because you bought the Tenham one time from an
> > auction started low for $1.2/g does not mean that is
> > it's price. Show me some Tenham anywhere for
> > $1.20/g.
> >
> > One can buy a few pieces of Park Forest right now
> > for $15-16/g but I do not see it remaining at that
> > price. I think there has only been about 3 kilos
> > released onto the collectors market. It will be
> > interesting to see if the newly found big one will
> > get cut up or not. Try to find any Park Forest
> > picked up the first or second day for under $20/g.
> > or even $30/g for that matter.
> >
> > Zagami was $1000-$2000/g...and sometimes even
> > more....when it was one of the only martians
> > available on the market. We saw an eBay auction
> > last year were Zagami went for like $120/g. Do you
> > think anyone would sell you any for that price?
> >
> > So what I am saying is, I don't see a meteorite have
> > a "retail" price until it's been out for a
> > while...long enough to establish one. And one
> > auction does not set the market value either. I once
> > purchased a 2kg sikhote on eBay for $110.00. Anyone
> > want to sell me some for $.06 a gram?
> >
> > Mark
> >
>
>
> =====
> M come Meteorite - Matteo Chinellato
> Via Triestina 126/A - 30030 - TESSERA, VENEZIA, ITALY
> Email: mcomemeteorite2000_at_yahoo.it
> Sale Site: http://www.mcomemeteorite.com Collection Site:
http://www.mcomemeteorite.info
> International Meteorite Collectors Association #2140
> MSN Messanger: spacerocks_at_hotmail.com
> EBAY.COM:http://members.ebay.com/aboutme/mcomemeteorite/
>
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Received on Fri 27 Jun 2003 01:35:35 AM PDT