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Re: Contraversy
List an Matt,
I apologize for the misunderstanding with Matt Morgan. I was in no way implying or
attacking him as it might have appeared. I often write very quickly and along with
the typical spelling errors, sometime do not clarify what I am trying to say.
I was not bashing his price on the new Eucrite (it is certainly worth the price due
to low weight and freshness etc.) I merely wanted to show that meteorites of the
same composition command different prices due to many factors including tkw,
beauty, fall or find etc. Matt charged a fair price for a nice meteorite. I just
wanted to show that $100.00 per gram is fair if the meteorite warrants it. Does
Portales warrant that price of $20.00 gram ? I think so and am sure that since the
buyers paid so much, we will unfortunately not be able to sell for less than what
we paid so the price will not change except to go up.
I like what Bernd said" He said that the meteorite may turn out to be only an H6
but what an extraordinary H6!" He is right. I have never seen an H6 or 5 with 1/4
inch gem quality olivine crystals or 1 inch thick metal veins and actual 1 kilo
chucks of iron. Whatever it is it looks great!
I have just found one of my missing disks and have incredible photos to email
people who are interested including me finding my piece. Please email me and you
will what this meteorite looks like in minutes.
Thanks
Mike Farmer
Matt Morgan wrote:
> Hello Michael, list members:
> Just to add a little to Mike's post, I too received the e-mail from the guy who
> sid thanks to God for the meteorites (and money). I called him yesterday and
> asked him how much his meteorites were. He said that a dealer told him not to
> sell for UNDER 15/g. This was for pieces upto 1500g, may be OK for a 25-50g
> piece, but a kilo? Also, we seem to be beating this issue to death (as I am
> doing so now), only time will tell about the current market.
>
> To comment on the eucrite I offered at 85-100/g. It was only a single,
> super-fresh stone of 1400g, with the Amer. Museum holding about 600g, plus a
> couple hundered more in other institutions. This leaves AT MOST 600g for
> collectors. Now compare that to Portales with an estimated TKW of 70kg (that is
> modest), and a preliminary H5 or 6 being sold to collectors for 25-30/g. I sold
> the eucrite at 3 times that price but with 50 times LESS material!! Do your
> math.
>
> Yes, I offered 2-3/g for Portales to the farmers, at Blaine Reed's discretion
> (he had most the cash), and we both felt it wasn't worth the 10/g that was
> being paid. Do I have any? No. But time will tell.
>
> Best regards,
> Matt Morgan
> Mile High Meteorites
>
> Michael Farmer wrote:
>
> > Hello list. This is getting good. It is too bad that some of our
> > outspoken members are not on the list to add their colorful replies. One
> > correction. Me and Bob Haag were not told to get off of the woman's
> > porch. Just rapidly told that we could not see her meteorite and that we
> > should go. Not quite as violent as many people think but close to the
> > point.
> > Prices are indeed out of hand but not any more so than anywhere
> > else. As I am one of the main holders of Portales, I am not offended but
> > a little agitated by the implications and hoopla going on here. Monahans
> > is absolutely nothing but a fiasco, I doubt anyone questions that. AHHH
> > the auction has been delayed yet again, no doubt to allow the
> > unfortunate hoopla surrounding the Portales fall to blow over. No one,
> > not even myself could have ever guessed that another very interesting
> > meteorite would fall so soon in America. What are the odds that it
> > would fall only 100 miles from Monahans?? Portales has stolen the show
> > from Monahans and we must let it cool off so that we can get back to the
> > incredible Monahans auction.
> >
> > Lets get down to the real issue here. Prices and such. Portales is
> > expensive first because of the press of the Monahans. As I said before
> > and say again, people came to my hotel room with the newspaper article
> > about Monahans and the inflated value and demanded to know why I was
> > offering so little for Portales but Monahans is worth so much. They
> > inflated the price and I paid like the others because Portales is
> > definitely a very odd beautiful meteorite. Does anyone who has seen it
> > disagree? Please do not bother responding if you have not seen some
> > because I know the rumors about the stone portion being and H6 but I was
> > at the lab yesterday and nothing has been yet confirmed. Also the iron
> > mix and mostly iron pieces are not even yet being studied so the jury is
> > out for a while on this one. We were forced to pay more and we did it.
> > Ill bet you anything that Steve Shoner and the others would not have
> > driven 10 hours and simply made an offer and then left empty handed
> > because the finders would not play nice and sell cheap. I too would have
> > preferred to pay much less believe me! This is not an attack of any
> > kind, merely a reply.
> > I do believe that these people are making a big mistake at this
> > point (the People in Portales). They have posted hundreds of No
> > trespassing signs, revoked all permission to hunt, and are now marketing
> > their finds at over $15.00 per gram for rusted plow damaged specimens.
> > The woman with the 37 pounder has turned down over $100,000 for hers. It
> > is funny that in a post I just got from one of the Farmers, he said that
> > " We prayed for rain and God sent us rocks from the sky" He did indeed
> > send pure money from the sky but look what the finders are now doing.
> > The are greedy and demanding and have suddenly turned from nice to rude.
> > I spoke to this man last week and he was great, now he is very rude and
> > suddenly an expert on meteorites. Go figure. God or whatever did indeed
> > send them cash from the sky but they now feel that the paltry sums of
> > many thousands of dollars that I offer are an insult to the treasure
> > they hold. Oh well, they can put it in their coffins when they go I
> > guess.
> > As far as the question of prices are concerned, yes I am selling and
> > the price is high. Those who have bought their specimens are all very
> > pleased so far! Let us examine some other asking prices here. Shoner
> > works very hard and finds lots of Glorietta. That which he sells is at
> > full retail price and very expensive. why should it be? He found it thus
> > paying nothing for it so he could give it to us very cheap correct?
> > WRONG! He charges a fair full price for it because it is valuable and
> > nice and he can. Nothing at all wrong with that. It is also over $20.00
> > per gram. Very expensive but I guess that is normal. Portales is also
> > over $20.00 per gram and yet I hear many people (mostly dealers who have
> > none) complaining that it is too much. HMMMMMM any reasoning here? I had
> > to also work very hard and invest more than my yearly salary for
> > Portales. So I MUST charge a high price for it. Matt Morgan charged
> > $100.00 per gram for the new Eucrite. Over 10 times the price of
> > Millbillilli. I heard not one complaint and saw no reason for the
> > terrible price. WE all know that the new eucrite is only 6 kilos and
> > will be hard to get so that justifies the high price. Maybe. There are
> > only 70 kilos of Portales right now and every museum and collector seems
> > to want some. Most of them cant be chopped up and the finders still hold
> > over 50% and are demanding over $100,000 for several of the pieces. That
> > tells me that very little will be available. But I am hearing from these
> > other people that I should sell to them for $2 gram or something like
> > that. YEAH RIGHT!
> > Look at reality people, those complaining have been trying to get
> > Portales dirt cheap and could not so they are now slamming it.
> > As I said, this is not an attack on anyone but a simple reply to some
> > things that are building up right now.
> > Thanks and have a great day or night.
> > Mike Farmer
> > http://www.concentric.net/~farmerm
> > By the way, I do have 2 slices and an endcut of Portales available at
> > this time.
> >
> > ----------
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> > ----------
>
> --
> Matt Morgan
> Mile High Meteorites
> http://www.mhmeteorites.com
> P.O.Box 151293
> Lakewood, CO 80215-9293
> "For a geologist, life is a field trip"
>
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