[meteorite-list] Allende meteorite selling for around $40 a gram!!!

From: Galactic Stone & Ironworks <meteoritemike_at_meteoritecentral.com>
Date: Tue, 13 Dec 2011 17:05:16 -0500
Message-ID: <CAKBPJW-LV=hHMTAGBnZQO4E1kUq=E2fBOxqVOWGTn8qEQJZ=UA_at_mail.gmail.com>

Hi Darryl and List,

It's not that Allende isn't worth $40 a gram, but the TKW is so large
that it's hard to justify paying that much for it when the market is
flush with quality specimens. We've been trained to think that
Allende is a bargain and so it is.

Another good example is Tatahouine - probably the world's most
undervalued meteorite. It is a witnessed fall diogenite of exquisite
beauty that has no parallel on the market, yet it regularly sells for
$10/g or less.

Then we see recent ordinary chondrite falls selling for $50-$80/g
because of marketing - go figure?

The one thing I have learned in my time of collecting (and dealing)
meteorites is this - there is no rhyme or reason to the meteorite
market. She is a fickle mistress.

Best regards,

MikeG

-- 
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On 12/13/11, Darryl Pitt <darryl at dof3.com> wrote:
>
> Hi,
>
> I don't understand your intemperance.  The suggestion that auctions are
> inherently scams is bewildering. There are deals to be found at
> auctions....and objects zealously fought over; an auction house merely makes
> the market.
>
> Please also consider it was the traditional auctions in the mid-90s that
> resulted in an avalanche of media that created a burst of interest in
> meteorites---which was among the catalysts to a new generation of hunters.
> As I said previously, Allende was an anomaly.
>
>
>
>
>
> On Dec 12, 2011, at 3:52 PM, M come Meteorite wrote:
>
>>
>> This shows how the big auctions are only scams legalized to raise prices,
>> which are meteorites or paintings or photographs. Tomorrow I propose my
>> Allende for $ 40/gr to the same auction house and see if they really want
>> to buy at the price they did.
>>
>> Matteo
>>
>> M come Meteorite Meteoriti
>> info at mcomemeteorite.it
>> http://www.mcomemeteorite.it
>> http://www.mcomemeteorite.eu
>> Mindat Gallery
>> http://www.mindat.org/gallery-5018.html
>> ChinellatoPhoto Servizi Fotografici
>> http://www.chinellatophoto.com
>>
>>
>>
>> Da: meteorite-list-bounces at meteoritecentral.com
>> A: "Meteorite Central" meteorite-list at meteoritecentral.com
>> Cc:
>> Data: Mon, 12 Dec 2011 12:42:37 -0800 (PST)
>> Oggetto: [meteorite-list] Allende meteorite selling for around $40 a
>> gram!!!
>>
>>
>>> Hello Listers
>>>
>>> Now I know Allende has always had a stable value per gram which has been
>>> around $10 to $12 a gram depending on the market or collection it comes
>>> from. But now, it seems that the value has jumped up for one auction on a
>>> 23gram slice, selling for $1000 at the Natural History Bonhams auction
>>> yesterday in Lo Ang, California. So it seems Allende is making a run for
>>> its value and it might be smart to get your hands on some before the
>>> market trend follows and might have to pay a new value of around $40 a
>>> gram. The price you have to pay for science and space, but for everything
>>> else, there is MasterCard :)
>>>
>>> http://www.bonhams.com/eur/auction/19429/lot/1097/
>>>
>>> Shawn Alan
>>> IMCA 1633
>>> eBay story
>>> http://www.ebay.com/sch/ph0t0phl0w/m.html
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>>
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Received on Tue 13 Dec 2011 05:05:16 PM PST