[meteorite-list] Ad New Canadian Meteorite for sale

[Greg Catterton]

In my opinion, from the info I have seen I would be willing to pay more then $10 per gram for fresh material, however I do think $50 is simply too much for what looks to be an ordinary chondrite.
I am hopefull that the material will not rust too bad during all this snow, and Im sure plenty of it will be available in Tucson as was metioned by someone else.
That said, I would also like to buy a 2 gram or so piece of fresh material, but really would prefer not to pay much more then $20-$25 per gram... to me it would be worth that price, regardless of classification... my little girl keeps asking when I am getting one...  This fall like the Carancas really got her interested in meteorites (this one even more) due to the media attention and wide availablitly of video footage.
If anyone gets ahold of some and wants to sell or trade for a small sample, please let me know.


Greg




--- 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: star_wars_collector at yahoo.com, meteorite-list at meteoritecentral.com
> Date: Friday, December 5, 2008, 1:34 PM
> In a message dated 12/5/2008 12:16:00 P.M.  Central Standard
> Time, 
> star_wars_collector at yahoo.com writes:
> 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
> 
> 
> Greg and All,
> 
> I tend to agree that the  price MIGHT drop to $10/g,
> especially if there is a 
> high degree of rusting on  the specimens found later next
> year.
> 
> However, there is a chance the  Canadians might offer to
> buy all or most of 
> the ones already found.
> 
> If  the land owners can get a tax credit on $50/g to donate
> them, everyone up 
> there  might be happy to donate them, and at a 50% tax
> rate, that is the same 
> as  getting $25/g cash in hand to the overtaxed Canadians.
> 
> It sounds like  most of the land owners are very wealthy,
> so money may not 
> mean anything to  them.  They might donate them all and not
> even care about a 
> tax break or  cash values at all.
> 
> If only a few kilos make it to the market place, then  we
> could see the value 
> be higher than $10/g.
> 
> If we seen hundreds of rusty  kilos coming onto the market,
> then we could see 
> the prices end up way below  $10/g.
> 
> In any case, we probably will have to wait for the 6 months
> to  pass to see 
> what is not purchased by the Canadian Government.
> 
> One thing  is sure, if ALL the masses were put on a
> restricted Canadian only 
> collector  market, a few hundred kilos would probably sell
> for $0.10 a gram or 
> even  less.
> 
> A smart thing might be to buy one specimen from Sonny and
> McCartney  NOW at 
> $50/g and then buy more later at $10/g and if the price
> goes down to  under 
> $1/g then buy so much more that you will have cost averaged
> your first  purchase 
> at $50/g down to a reasonable level.
> 
> Of course, if you are one  of those people that get a rush
> at owning the 
> newest most famous meteorite that  everyone is talking
> about around the water 
> cooler, then how can you put a value  on that???
> 
> :-)
> 
> And also, realize that if you do buy a meteorite  from
> Sonny and McCartney 
> now, you are investing into field recovery.  I  seriously
> doubt they will make a 
> profit on this trip even if they sold what  little they
> found at $100/g, but 
> if they can come close to breaking even, maybe  next time
> they will again be 
> able to afford to get on the scene early and find  more.
> 
> And at the very least, we should congratulate them on
> getting to  the scene 
> and making an effort.   
> 
> Good job guys, and  congratulations!
> 
> Steve Arnold #1
> www.SteveArnoldMeteorites.com  
> 
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