[meteorite-list] Ad New Canadian Meteorite for sale

[Jeff Kuyken]

Steve and Mike both touched on an interesting point here that I was
pondering myself the last couple of days. The material found now will be
different to the material found weeks, months and years down the track. I
didn't realise how much a fall can vary until "Amgala" (Oum Dreyga). I
purchased a 15g individual from Mike Farmer from his very first batch of
about 1kg. I believe these were about the first stones picked up. I paid
about $10/g and it was worth every cent. I have several other Oum Dreyga
specimens from numerous sources and NONE come even close to the first 15g
which looks like soot would rub off on your hands. In fact no other recent
fall I have appears as fresh as this stone. Two other recent falls that come
immediately to mind with vast differences in weathering are Park Forest and
Moss.

So maybe $50/g is high but maybe it's also not so bad considering what the
other stones 'might' be like down the track. You can also speculate all you
like but there are so many factors which will dictate the price of a fall.
And I don't think you can really compare one with another. Comparing this
Canadian fall with Carancas is probably not a good measure at all. They are
two totally different falls with two totally different stories.

The most important thing to remember about the 'value' of a meteorite (or
anything for that matter) is that it is only worth what someone is willing
to pay.

Cheers,

Jeff



----- Original Message ----- 
From: <MeteorHntr at aol.com>
To: <star_wars_collector at yahoo.com>; <meteorite-list at meteoritecentral.com>
Sent: Saturday, December 06, 2008 5:34 AM
Subject: Re: [meteorite-list] Ad New Canadian Meteorite for sale


> 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
>
> **************Make your life easier with all your friends, email, and
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