[meteorite-list] Announcing NEW IRON-NWA 2679 Saharan Iron-Ad

From: Arizona Skies Meteorites <johnbirdsell_at_meteoritecentral.com>
Date: Mon Mar 21 13:24:55 2005
Message-ID: <20050311051148.88990.qmail_at_web51507.mail.yahoo.com>

Hi Darren...That is a great question. We determined
the value that we would be willing to sell a rare
meteorite for based on a variety of factors including:
its initial cost to us, its rarity, aesthetics,
uniqueness, stability, etc. For something as rare as
this, we recognize its value and are not in a rush to
sell it off as quickly as we can to make a quick buck
like some. We appreciate its beauty, rarity and value.
Since there are only around 360 grams of NWA 2679 that
will ever be made avialable to collectors, this is one
of the rarest irons that you will find (with the
possible exception of NWA 2677). Assuming that we make
all of it available, and assuming an average slice
weighs 18 grams, there will only be 20 people on the
planet that own any of this meteorite. It is also one
of the most unusual, and in our opinon beautiful,
irons that we have seen. Even John Wasson commented on
its beauty, and he's seen them all! I hope this
explains how we came up with the retail pricing on
some of our rare material.

I suppose another possible way to guestimate retail
value would be by assuming a negative log-linear
relationship between price and TAW (total available
weight as opposed to tkw). You can generate a
regression based on the known sales prices and TAWs
and interpolate or extrapolate depending on where you
meteorite's TAW lies.

Cheers


-John

 



--- Darren Garrison <cynapse_at_charter.net> wrote:
> On Thu, 10 Mar 2005 20:25:00 -0800 (PST), Arizona
> Skies Meteorites <johnbirdsell_at_yahoo.com> wrote:
>
> >IAB. We are introducing this lovely new iron on
> ebay
> >starting at 50% of its retail value. Definitly
> worth a
>
> Hate to play the Devil's Advocate here (okay, no, I
> don't hate to) but how do you determine the
> "retail value" for a unique new item that has never
> been sold before? Can a unique meteorite have a
> "retail value" before someone buys some of it for
> price "x"?
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Arizona Skies Meteorites
Received on Fri 11 Mar 2005 12:11:47 AM PST