[meteorite-list] Moroccan business meteorite is suffering
Adam Hupe
raremeteorites at yahoo.com
Mon May 30 15:00:43 EDT 2011
Yes, most Moroccan dealers fail to realize the world economy is in the worst
downturn since the great depression and barely showing signs of recovery. For
example, they are stilling asking $10.00/gram for Eucrites when only $5.00/gram
can be realized on eBay, even after suffering a cutting loss. In the end, they
will find out how tough a market it really is. No amount of hype or press will
bring the prices up on the open market. It is a supply and demand issue. Maybe
once the stockpiles which are dwindling are exhausted the prices will go back
up. Until then, I will be purchasing older U.S. finds which are priced most
reasonably at a few dollars per gram.
Happy Hunting,
Adam
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