[meteorite-list] Lunar meteorites selling for peanuts

[Michael Farmer]

It's true that for those prices you need to lay out some money. 

Sent from my iPad

> On May 30, 2015, at 8:29 AM, Peter Scherff via Meteorite-list <meteorite-list at meteoritecentral.com> wrote:
> 
> Hi Dennis,
> 
> From what I hear if you have $50,000 to spend you can buy cheap lunar
> meteorites. The retail prices that I have seen are $300 to $250 per gram.
> 
> Thanks,
> 
> Peter 
> 
> -----Original Message-----
> From: Meteorite-list [mailto:meteorite-list-bounces at meteoritecentral.com] On
> Behalf Of Apollo via Meteorite-list
> Sent: Saturday, May 30, 2015 10:31 AM
> To: Bigjohn Shea via Meteorite-list
> Subject: Re: [meteorite-list] Lunar meteorites selling for peanuts
> 
> Good morning,
> I guess that I haven't been following the market as closely as I should
> have...but if any dealers have nice Martian or lunar specimens for sale at
> prices anywhere near what the recent posts have mentioned, I would
> appreciate hearing from you.
> Thanks,
> Dennis 
> 
> Sent from my iPhone
> 
>> On May 30, 2015, at 6:41 AM, Bigjohn Shea via Meteorite-list
> <meteorite-list at meteoritecentral.com> wrote:
>> 
>> 
>> It is true that rare things will always be rare and will be priced
> accordingly, and for that reason you may be entirely right Michael that it
> can be simply supply and demand.  Personally though, I think "supply and
> demand" is too simple a concept for collectible items.  What I mean is, I
> wonder how much of this shift in price might be due to the recent strength
> of the dollar?
>> 
>> In case someone is not following:
>> An example of this is what is happening in the antique Japanese sword
> market.  The value of the yen relative to the dollar is 120 to 1 currently.
> Which is different than it was about a year ago when the dollar was weaker,
> and the value was perhaps 100 to 1.  Japanese swords in Japan that were
> selling for 100,000 yen last year (1000 dollars) are not currently worth
> 120,000 yen in Japan.  They are still only worth 100,000 yen.  In other
> words, the value of a sword does not go up simply because a foreign currency
> became stronger.  However, because the dollar is stronger now, you can get a
> better sword out of Japan for the same price in dollars as you would have
> paid for a lesser sword last year.  In other words, 1000 dollars today
> (120,000 yen) buys you a more valuable sword than it did last year simply
> because the dollar got stronger.
>> 
>> Now consider a sword that an American sword merchant/collector bought from
> Japan last year for 1000 dollars (100,000 yen) and is now here in America.
> It is still worth 1000 dollars here, but now that you can buy a 120,000 yen
> sword for 1000 dollars, (and those swords are plenty available in Japan) why
> would someone buy a sword valued at 100,000 yen for 1000 dollars here in
> America, when they can get a "better" sword (valued at 120,000 yen) from
> Japan for the same 1000 dollars?
>> 
>> This same type of scenario can be true in for rare books, meteorites etc.
> etc.  If, for example, Mike Meteorite Merchant bought a 10,000 dollar 1000g
> Lunar mass from Morocco last year when the dollar was weaker, now that the
> dollar is stronger the same 1000g Lunar mass might only cost 8,000 dollars
> from a merchant in Morocco.  That devalues Mike's meteorite.  If he wants to
> sell bits and pieces of it, he has to sell it for similar value as what the
> newer cheaper specimens are selling for.
>> 
>> Can I say for sur
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