[meteorite-list] Ad New Canadian Meteorite for sale

From: Jerry Flaherty <grf2_at_meteoritecentral.com>
Date: Fri, 05 Dec 2008 17:34:32 -0500
Message-ID: <2CD11A10FA524D6BB8CC18F152ED5ECF_at_ASUS>

Sounds sensible to me.
----- Original Message -----
From: "Michael Farmer" <meteoriteguy at yahoo.com>
To: <meteorite-list at meteoritecentral.com>; <star_wars_collector at yahoo.com>
Sent: Friday, December 05, 2008 1:22 PM
Subject: Re: [meteorite-list] Ad New Canadian Meteorite for sale


> This is where pricing becomes difficult. Carancas was an extraordinary
> event. Very little material found, half of what was found was dust. $100
> gram was a fair price, as I sold out at that price in hours.
> The 13 kilo piece of the Canadian fall weighs as much as nearly all of the
> Carancas found. Some pieces sell cheap now because people in Peru and
> Bolivia held too long, waiting for more money, while I and others filled
> up all buyers and museums, now there is not the demand because everyone
> already has it.
>
> Canada is a widespread fall, apparently everyone and their brother up
> there has found stones, so they will start trickling out. The videos make
> this fall a must have. I am not trying to set a price, just mulling over
> the last decade of falls and the price outcomes and this is where I see it
> ending up. Depends of course on export etc, but Canadian government will
> not spend millions of this chondrite. Tagish was a different creature,
> rarest meteorite almost that ever fell.
> We will see, it will take months to get export permits, time for TKW etc
> to firm up and tell us more.
> mike
>
>
>
> --- On Fri, 12/5/08, Greg Catterton <star_wars_collector at yahoo.com> wrote:
>
>> From: Greg Catterton <star_wars_collector at yahoo.com>
>> Subject: Re: [meteorite-list] Ad New Canadian Meteorite for sale
>> To: meteorite-list at meteoritecentral.com
>> Date: Friday, December 5, 2008, 11:15 AM
>> I agree 100% on this. $50 per gram is too high, the Carancas
>> for example was $100 per gram at first, now it can be had
>> for under $20 per gram.
>> I have read several places that it is only valued at $1 -
>> $10 per gram. I will wait a bit myself.
>>
>> Greg
>>
>>
>> --- On Fri, 12/5/08, Michael Farmer
>> <meteoriteguy at yahoo.com> wrote:
>>
>> > From: Michael Farmer <meteoriteguy at yahoo.com>
>> > Subject: Re: [meteorite-list] Ad New Canadian
>> Meteorite for sale
>> > To: gmhupe at htn.net, meteoriteplaya at gmail.com,
>> MeteorHntr at aol.com
>> > Cc: meteorite-list at meteoritecentral.com
>> > Date: Friday, December 5, 2008, 1:10 PM
>> > This meteorite will end up with a retail value of ~$10
>> gram
>> > or so, give or take a few $ and perhaps $25 gram for
>> small
>> > stones. There will be a huge amount of this meteorite
>> found,
>> > the videos show every local schoolkid walking around
>> with
>> > meteorites, and the real hunting hasnt even started
>> yet. The
>> > snow is about to fall, putting the meteorite in deep
>> freeze.
>> > Most of us hunters are talking and planning major
>> hunts for
>> > springtime when the thaw comes.
>> > I forsee at least a few hundred kilos of stones being
>> > found.
>> > Canada will allow export of stones, that wont be a
>> problem
>> > for a common chondrite, since the government will have
>> > plenty of material.
>> > Kudos to Sonny and McCartney, but the price will not
>> be set
>> > be a single sale.
>> > Michael Farmer
>> >
>> >
>> > --- On Fri, 12/5/08, MeteorHntr at aol.com
>> > <MeteorHntr at aol.com> wrote:
>> >
>> > > From: MeteorHntr at aol.com
>> <MeteorHntr at aol.com>
>> > > Subject: Re: [meteorite-list] Ad New Canadian
>> > Meteorite for sale
>> > > To: gmhupe at htn.net, meteoriteplaya at gmail.com,
>> > meteoriteguy at yahoo.com
>> > > Cc: meteorite-list at meteoritecentral.com
>> > > Date: Friday, December 5, 2008, 10:58 AM
>> > > Greg,
>> > >
>> > > As I understand, the Canadian law was put in
>> place to
>> > give
>> > > Canadian
>> > > Scientists first shot at ALL the grant money on
>> > research
>> > > for any newly found
>> > > meteorites in Canada.
>> > >
>> > > If any meteorite is allowed outside the Canadian
>> > borders,
>> > > it would allow
>> > > some other scientist or institution in another
>> > country to
>> > > get that grant money.
>> > > In some cases that grant money could total in
>> the
>> > tens of
>> > > thousands or
>> > > hundreds of thousands of dollars.
>> > >
>> > > I am not sure what Canadian Meteorite Researchers
>>
>> > earn
>> > > each year, but their
>> > > salaries can't be cheap for their employers.
>>
>> > >
>> > > So, as long as the physical rock stayed in
>> Canada,
>> > then no
>> > > harm can be done
>> > > to the Canadian scientists.
>> > >
>> > > Years ago, I purchased a new Canadian Meteorite
>> when
>> > I
>> > > drove to Canada. I
>> > > gave it to a Canadian collector to hold for me
>> when I
>> > > returned to the states
>> > > to figure out what I wanted to do with it. I
>> then
>> > sold
>> > > the ownership of the
>> > > rock to another American meteorite dealer, even
>> > though the
>> > > rock always
>> > > remained, and to this day it still remains in
>> Canada.
>> > >
>> > > I would imagine, if this meteorite is indeed an
>> > ordinary
>> > > chondrite, there
>> > > will be little research money given to study it.
>> So
>> > the
>> > > scientists probably
>> > > will not be interested in buying much of it,
>> since
>> > there
>> > > will be little to no
>> > > return on their investment.
>> > >
>> > > If there is 100,000 grams eventually found, they
>> > probably
>> > > will not want to
>> > > pay over $10/g, or spend $1,000,000 if their
>> grant
>> > money
>> > > they will earn would
>> > > be less than $1,000,000.
>> > >
>> > > The reason why the Canadians were willing to pay
>> the
>> > one
>> > > guy $650,000 for
>> > > his 650g Tagish Lake, is because they could make
>> so
>> > much
>> > > MORE profit off the
>> > > grant money to study that one.
>> > >
>> > > So if any finds from the Marsden Meteorite are
>> > submitted
>> > > for an export
>> > > permit, all the institutions in Canada will get
>> to
>> > stall
>> > > for 6 months to
>> > > eventually end up saying that they don't
>> want to
>> > buy
>> > > any of them, providing that in
>> > > the next 6 months they get more than enough
>> donated
>> > to
>> > > them for free, or if
>> > > someone else wants to sell them some at below
>> market
>> > > values.
>> > >
>> > > I think the real question to be asked is HOW do
>> they
>> > > determine what the
>> > > "fair market value" of the meteorites
>> are?
>> > >
>> > > If Sonny and McCartney can find a buyer for $50
>> a
>> > gram,
>> > > does that then force
>> > > the government to now pay $50/g IF any others
>> are
>> > found
>> > > and the finders
>> > > choose to request the export permit, and a
>> Canadian
>> > > institution would to buy them
>> > > first? If Sonny or McCartney do not sell all
>> of
>> > their
>> > > finds at their
>> > > asking price of $50/g, maybe they could put one
>> of
>> > their
>> > > finds up on Ebay, with
>> > > the stipulation that the rock will NOT be shipped
>> out
>> > of
>> > > Canada, then Canadian
>> > > bidders could help establish the retail value.
>> Of
>> > course,
>> > > a foreign buyer
>> > > could bid and own it, even though they would not
>> take
>> > > actual physical
>> > > possession of it.
>> > >
>> > > As I said before, IF the Canadian government is
>> more
>> > than
>> > > willing to pay a
>> > > true fair market value on all found meteorites,
>> then
>> > this
>> > > is wonderful. It
>> > > will encourage many people to go out and find
>> > meteorites in
>> > > Canada knowing
>> > > there is a reward waiting for their finds
>> > >
>> > > Steve Arnold #1
>> > > www.SteveArnoldMeteorites.com
>> > >
>> > >
>> > >
>> > >
>> > >
>> > >
>> > > In a message dated 12/5/2008 11:15:11 A.M.
>> Central
>> > > Standard Time,
>> > > gmhupe at htn.net writes:
>> > > Hello Mike, Mike and List,
>> > >
>> > > Doesn't the Canadian government have first
>> right
>> > of
>> > > refusal on any meteorite
>> > > sales/purchases? I thought I read from one of
>> our
>> > Canadian
>> > > List members that
>> > > only after the Canadian government, museum or
>> such,
>> > has
>> > > opted not to
>> > > purchase a meteorite, then the "land
>> owner"
>> > has
>> > > the right to sell the
>> > > meteorite(s).
>> > >
>> > > I'd like to hear from our Canadian friends
>> to see
>> > if
>> > > there is a clear
>> > > definanition of the Canadian law regarding this.
>> > >
>> > > Best regards,
>> > > Greg
>> > >
>> > > **************Make your life easier with all your
>> > friends,
>> > > email, and
>> > > favorite sites in one place. Try it now.
>> > >
>> >
>> (http://www.aol.com/?optin=new-dp&icid=aolcom40vanity&ncid=emlcntaolcom00000010)
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>> > >
>> >
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>>
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Received on Fri 05 Dec 2008 05:34:32 PM PST