[meteorite-list] Trends with WI Fall and alike for July

From: Greg Stanley <stanleygregr_at_meteoritecentral.com>
Date: Thu, 1 Jul 2010 08:52:25 -0700
Message-ID: <SNT117-W574F3F39A91CFE38BDD72DD2CD0_at_phx.gbl>

List:

I think it boils down to supply/demand.? In recent years (perhaps the last 5 or so) there have been many new collectors - myself included, so the demand has increased.? Then there is the supply side.? Well with these recent falls, dealers and hunters have been selling the falls (Ash creek and WI) relatively soon while people were collecting - I think WI sooner than Ash Creek.? It is during the time the supply is very low - and this sets the initial price.? So early on, there is a lot of demand and Little supply, so the price starts at ~$100 simply because people will pay it.? At this time the TKW is not know or sometimes even the classification - so people are willing to pay a lot in the beginning.? Then as more is collected the supply increases a bit and the price then falls - for WI to about $70.? It stabilized there for a while.? What confused me about yesterday was the demand of WI was not there anymore.? Perhaps this is trend like people say.? Maybe at some point the interest decreases and collectors ar
e buying others unique finds (like NWA 5400).? So the price dropped sinificantly.? I suspect it will increase, but not that much; I would be surprized to see it sell for over $50/grm.? I think also with the increased publicity (Meteroite men, and news of falls) have made the market for "falls" increase significently.? They are very collectable now; and to the newbee they are probable more attractive then perhaps a brachinite or Angrite because they may not have the knowledge of rare meteorites.? So for the next fall - just wait it out, but there is a risk.

This brings up another idea for a thread:

What class or type of meteorite to you collect the most and are most interested it?

I myself like rare ungrouped achondrites and my favorite is the Angrites.

Greg S.

----------------------------------------
> Date: Thu, 1 Jul 2010 02:40:01 -0700
> From: photophlow at yahoo.com
> To: meteorite-list at meteoritecentral.com
> Subject: [meteorite-list] Trends with WI Fall and alike for July
>
> Hello Listers,
>
> I have noticed with the Livingston WI meteorite Fall in April that the prices were at a good high, well over $100 a gram for the first month being sold on eBay and alike. And then a rush happened over night with a few sellers on eBay and the meteorite market and it was mayhem. However, in the past few weeks I have noticed prices dropping low, and I mean low. Tonight on eBay a WI slice weighing at 3.8 sold at $78 and another slice at 9.66g sold at $285.
>
> With other recent falls they tend to stay high for the first year from what I have seen with sales and research, but with the WI fall this isn't the case. I am left to wondering why is it with this fall that it had a great led in sales in the first month and dropped so low in less then 2 months, not to mention the lack of WI meteorites found in the field? Is it that majority of the WI fall meteorites are being sold at a recorded high weight, dealers selling the big boys all at once?
>
> I see that this coming month that sales with historic falls will keep going up and the exchange of rare and special meteorite falls will be revisited for the fact of the rich history they command in the market and with collectors alike. Also not to mention, the new NWAs that keep popping up will bring a new twist to the collecting world. All I can say is history repeats its self and history can out weigh anything through and through again while trends come and go. Hold on and lets see what July brings for the hot summer month to cool our needs for meteorites.
>
> Shawn Alan
> IMCA 1633
> eBaystore
> http://shop.ebay.com/photophlow/m.html?_nkw=&_armrs=1&_from=&_ipg=&_trksid=p4340
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Received on Thu 01 Jul 2010 11:52:25 AM PDT