[meteorite-list] Re: CR2 prices ruin......LAST WORD

From: Randy Mils <acculabs_at_meteoritecentral.com>
Date: Thu Apr 22 09:55:48 2004
Message-ID: <F126XX50yki4jsGvs0Q0000d13d_at_hotmail.com>

<html><div style='background-color:'><DIV>
<P>Brad: </P>
<P>I see you had to wait until school was out until you answered my questions.&nbsp; You still did not address how your definition of legit meteorites relates to Lafayette which clearly does not fit according to your definition.</P>
<P>CR2 did not fall in price over a few days as you stated.&nbsp; It took a year and the NWA CR2 was never $300- per gram.</P>
<P>Anyone who pays $4 to $5 per gram for Brahim is just asking for trouble with this ruster. And those who follow your advice to buy it and hold it for the future will find that the future holds nothing but a pile of rust and olivine crystals.&nbsp; Same with Brenham.&nbsp; There are a few execptions depending on the sample but I would not want to make the bet.</P>
<P>Randy</P></DIV>
<DIV></DIV>
<DIV></DIV>
<DIV></DIV>
<DIV></DIV>&gt;From: "Meteordealer" <METEOR.DEALER_at_GTE.NET>
<DIV></DIV>&gt;To: <METEORITE-LIST_at_METEORITECENTRAL.COM>
<DIV></DIV>&gt;Subject: [meteorite-list] Re: CR2 prices ruin......LAST WORD
<DIV></DIV>&gt;Date: Fri, 18 Jan 2002 16:56:38 -0500
<DIV></DIV>&gt;
<DIV></DIV>&gt;&lt;<PLEASE value? shock for made statements sweeping broad, your of another just this Was hours. 24 in value it?s 95% lost meteorite NWA which on us educate>&gt;
<DIV></DIV>&gt;
<DIV></DIV>&gt;No problem. NWA CR2's have lost 95% of their value practically overnight. One day they were $300g, a few days later they were $15g, hence the entire reason this discussion was started, Matteo was upset that the price of his NWA CR2's had crashed. Have you noticed that the Temple Bar, Arizona CR2 is still going for $300g-$500g despite what is happening with the Moroccan's? What's the current value on Renazzo (CR2), $350g-$400g?
<DIV></DIV>&gt;
<DIV></DIV>&gt;&lt;<ALSO, for just statement. true a not is This found. first was it when gram per sold what selling Mound Wagon>&gt;
<DIV></DIV>&gt;
<DIV></DIV>&gt;Wagon Mound currently lists between $1.50g-$2.50g. That's the same price i was selling it for 2 years ago. There are 2 pieces of WM on Ebay that just sold for $2.28g and $11.72g.
<DIV></DIV>&gt;
<DIV></DIV>&gt;&lt;<BRAHIN to for your this on it per sold selling meteorites me2 www.angelfire.com http: one. price the omitted have seem You website? you are much How sometimes. $1- than less ebay bought be can Now gram. $10- once />&gt;
<DIV></DIV>&gt;
<DIV></DIV>&gt;Brahin could be found online about 4 years ago for $4.50g-$5.00g. If you go outside of Ebay it is still listed for $4g-$5.00g and selling for that price i might add. I sold out of Brahin last Summer for $4.00g. I had a collector email me a couple of weeks ago wanting some Brahin or Brenham. He said he was willing to pay $5g for a nice slice in the 100g range. Ebay is not the end all be all determining factor of meteorite value. You also have to factor in website prices, private sale prices, and offline mail order prices. Don't be fooled by the artificially low Ebay prices for Brahin. I would suggest buying as much Brahin as you can as the price will be shooting back up as soon as Ivan runs out. That is all i have to say on the subject. If anyone needs clarification as to why rare types of NWA's are crashing feel free to email me PRIVATELY as i no longer wish to bore the list members with this endless debate. This dead horse has been beaten long enough. ;-)
<DIV></DIV>&gt;
<DIV></DIV>&gt;
<DIV></DIV>&gt;Brad Sampson
<DIV></DIV>&gt;meteor.dealer_at_gte.net
<DIV></DIV>&gt;
<DIV></DIV>&gt; ----- Original Message -----
<DIV></DIV>&gt; From: Randy Mils
<DIV></DIV>&gt; To: meteorite-list_at_meteoritecentral.com
<DIV></DIV>&gt; Sent: Friday, January 18, 2002 7:34 AM
<DIV></DIV>&gt; Subject: Re: [meteorite-list] Re: CR2 prices ruin......
<DIV></DIV>&gt;
<DIV></DIV>&gt;
<DIV></DIV>&gt; Brad:
<DIV></DIV>&gt;
<DIV></DIV>&gt; Based upon your criteria of a "legitimate" meteorite, Lafayette does not qualify. We do not know for sure when, where or by whom on Lafayette.
<DIV></DIV>&gt;
<DIV></DIV>&gt; Please educate us on which NWA meteorite lost 95% of it's value in 24 hours. Was this just another of your broad, sweeping statements made for shock value?
<DIV></DIV>&gt;
<DIV></DIV>&gt; Also, Wagon Mound is not selling for what it sold per gram when it was first found. This is just not a true statement. Actually I remember when one dealer had a sale in which he GAVE AWAY a sample of Wagon Mound with every purchase. Does this lower the value to zero. No, not anymore than a sale on any commodity at a retail store.
<DIV></DIV>&gt;
<DIV></DIV>&gt; Brahin once sold for $10- per gram. Now it can be bought on ebay for less than $1- sometimes. How much are you selling it for on your website? You seem to have omitted the price on this one. http://www.angelfire.com/me2/meteorites/
<DIV></DIV>&gt;
<DIV></DIV>&gt; Randy
<DIV></DIV>&gt;
<DIV></DIV>&gt; &gt;From: "Meteordealer"
<DIV></DIV>&gt; &gt;To:
<DIV></DIV>&gt; &gt;Subject: [meteorite-list] Re: CR2 prices ruin......
<DIV></DIV>&gt; &gt;Date: Fri, 18 Jan 2002 04:06:50 -0500
<DIV></DIV>&gt; &gt;
<DIV></DIV>&gt; &gt; "Legitimate" meaning it has a unique name and we know where, when, total
<DIV></DIV>&gt; &gt;mass, how, and by whom it was found. Also meaning that the appropriate lab
<DIV></DIV>&gt; &gt;work and pairing has been done. Have any meteorites other than an NWA lost
<DIV></DIV>&gt; &gt;95% of their value in a 24 hour period? Not that i recall. Are most NON
<DIV></DIV>&gt; &gt;NWA's with the exception of a few still selling at about the same price as
<DIV></DIV>&gt; &gt;they always have? Yes.
<DIV></DIV>&gt; &gt;
<DIV></DIV>&gt; &gt;Brad Sampson
<DIV></DIV>&gt; &gt;meteor.dealer_at_gte.net
<DIV></DIV>&gt; &gt;
<DIV></DIV>&gt; &gt;----- Original Message -----
<DIV></DIV>&gt; &gt;From: "Michael Blood"
<DIV></DIV>&gt; &gt;To: "Meteordealer"
<DIV></DIV>&gt; &gt;Cc:
<DIV></DIV>&gt; &gt;Sent: Friday, January 18, 2002 3:41 AM
<DIV></DIV>&gt; &gt;Subject: CR2 prices ruin......
<DIV></DIV>&gt; &gt;
<DIV></DIV>&gt; &gt;
<DIV></DIV>&gt; &gt; &gt; Meteordealer wrote:
<DIV></DIV>&gt; &gt; &gt; &gt; What instability??? Most legitimate finds and falls ARE holding
<DIV></DIV>&gt; &gt;steady.
<DIV></DIV>&gt; &gt; &gt; &gt; I'm a dealer. I compare the market prices of many meteorites on a daily
<DIV></DIV>&gt; &gt; &gt; &gt; basis. Just about all of them i look at are the same price they've
<DIV></DIV>&gt; &gt;always
<DIV></DIV>&gt; &gt; &gt; &gt; been or more.......
<DIV></DIV>&gt; &gt; &gt; &gt; Brad Sampson
<DIV></DIV>&gt; &gt; &gt; &gt; ______________________________________________________
<DIV></DIV>&gt; &gt; &gt; Well Brad,
<DIV></DIV>&gt; &gt; &gt; Let's get this strait: there is no (price) instability, there are
<DIV></DIV>&gt; &gt; &gt; "legitimate"
<DIV></DIV>&gt; &gt; &gt; falls and finds - meaning, I suppose, the others (NWA, in particular)
<DIV></DIV>&gt; &gt; &gt; are "illagitimate" and prices are "holding steady."
<DIV></DIV>&gt; &gt; &gt; You have enlightened me to such a degree I have placed your emial in
<DIV></DIV>&gt; &gt; &gt; the folder I formerly reserved for posts from Mohamed .... and I don't
<DIV></DIV>&gt; &gt; &gt; mean
<DIV></DIV>&gt; &gt; &gt; Ali.
<DIV></DIV>&gt; &gt; &gt; Keep on truckin', dude.
<DIV></DIV>&gt; &gt; &gt; Michael
<DIV></DIV>&gt; &gt; &gt;
<DIV></DIV>&gt; &gt;
<DIV></DIV>&gt; &gt;
<DIV></DIV>&gt; &gt;______________________________________________
<DIV></DIV>&gt; &gt;Meteorite-list mailing list
<DIV></DIV>&gt; &gt;Meteorite-list_at_meteoritecentral.com
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<DIV></DIV>&gt;
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Received on Fri 18 Jan 2002 04:58:32 PM PST


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