[meteorite-list] Tangible assets

mexicodoug at aim.com mexicodoug at aim.com
Mon Oct 13 20:17:56 EDT 2008


Hi Alex, Listees,

Alex's gentlemanly statement made my day after wading through the 
flurry of hardcore dealer-concerned messages that have been posted.  As 
a collector at heart, I agree 'wholeheartedly' with his thoughts.

Especially the one: "Our meteorites don't care, why should we?"

Thanks again, Alex.  I am glad I have been able to exclude value as a 
criterion to make my space rocks more attractive to me.  If I want to 
get my daily fix on money, it is easier just to get a live feed on the 
ticker of some stock markets and experience the rush on a blow by blow 
basis, or just do Las Vegas.

For meteorites, I prefer just admiring the specimens that make me happy 
and ignoring all the market hype and speculation that in my opinion 
detracts from the healthy fundamentals of meteorite study, appreciation 
and collection.  After all we get from them, it seems a bit much to ask 
for return.  My meteorites are expenses, not investments ... and as 
such are all written off at the moment of adquisition.  There is no 
where to go, when you start at zero investment, but up!  In moderation 
over a long period of time, rather than short intense addictions, seems 
to me the way to go.  Congratulations to those long time collectors 
that continue to be role models worth drinking to in these hard times.  


Thoughts from Mexico, with wishes for great health,
Doug

-----Original Message-----
=0
AFrom: Alexander Seidel <gsac at gmx.net>
To: deanbessey at yahoo.com; meteorite-list at meteoritecentral.com
Sent: Mon, 13 Oct 2008 3:30 pm
Subject: Re: [meteorite-list] Tangible assets



Hello Dean,

thank you for your remarks on the market situation - these are always 
welcome,
as I have learned over all those years that, besides you being a 
dealer, you are
also a very good observer!  As well as some other insider friends of 
mine are,
who did not yet raise their finger here.

> Of course that just my opinion. Lots of old time collectors have their
> head buried in the sand and believe that all this talk of drop in 
meteorite
> supply is just marketing by us meteorite dealers. Maybe they will 
eventually
> be proven right instead of me (Personally I cant see it happening 
though)

I gladly admit I am one of those "oldtimers", but I have no problems 
with this,
why should I? I have a nice collection at hands, as many of my old time 
friends
have, and no worries, other than may be this or that observation about 
new
distributors of the rare stuff that come along, and pricing affairs: 
just let´s
wait and see how things will evolve down the line, as time goes by - in 
the long
run.  No hurries!

Our meteorites don´t care, so why should we? This economical crisis is 
BAD to
almost  everyone (...me included, btw!), at least in the world of the 
more
"privileged" persons, w
ho are lucky enough to have a job and an income 
- the
other ones on the planet have much worse problems! Then why not look at 
it from
a more leisurely global perspective of ever changing events in space 
and time,
knowing we are given only one, our life...

Alex
Berlin/Germany
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