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Re: Frankenstein's Meteorite Monster...


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If new "products" always make old "products" obsolete and without value, how 
do you explain
the going-prices for:
Barbie-Dolls.    Model-T Fords.   First-edition books.   Antiques.   Old 
baseball cards.

The fact that the Post Office issues new and prettier stamps doesn't make 
the OLD ones less valuable.  If someone wants to collect Murchison and 
Henbury and Etter and Nuevo Mercurio NOW,
what makes us think that he/she WON'T if and when moonrock becomes widely 
available in the future?  And if moonrock DOES become an investment-darling, 
won't that remove all/most of the "investment-fear"  pressure from us 
collectors of the "little" stuff, thus keep prices down, etc?   Isn't that 
what most list-members have been longing for lately?
Gregory



From: Gene Marlin
To: meteorite-list
Subject: Re: Frankenstein's Meteorite Monster...
Date: Friday, July 10, 1998 1:46PM

> We face a much worse problem than our own internal market - investors, the
> people who are just beginning to wake up to the fact that meteorites are
Worth
> Something, and are going to move in and snatch them all up and stuff them
away
> in safe deposit boxes twenty stories below ground to let them increase in
> value, never seeing the light of day, never being touched

Actually, meteorites are very bad investments. They are expensive and
they decay. Also 30-50 years from now private companies will be selling
pieces of the Moon and Mars as well NEOs--at which point the meteorite
market will go bust, while our successors revel in inexpensive
meteorites (an oxymoron?) as well as no longer having to depend entirely
on the "freebies" arriving here by accident. If investors care anything
about their grandkids, they'll buy mutuall funds or stocks that will
increase in value with age, while meteorites inevitably decrease in
value with age and decay.

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