[meteorite-list] Ad New Canadian Meteorite for sale

Greg Catterton star_wars_collector at yahoo.com
Fri Dec 5 13:15:15 EST 2008 

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)
> > ______________________________________________
> > http://www.meteoritecentral.com
> > Meteorite-list mailing list
> > Meteorite-list at meteoritecentral.com
> >
> http://six.pairlist.net/mailman/listinfo/meteorite-list
> ______________________________________________
> http://www.meteoritecentral.com
> Meteorite-list mailing list
> Meteorite-list at meteoritecentral.com
> http://six.pairlist.net/mailman/listinfo/meteorite-list

More information about the Meteorite-list mailing list