[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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