[meteorite-list] Expensive?
From: mafer <mafer_at_meteoritecentral.com>
Date: Thu Apr 22 10:22:43 2004 Message-ID: <001501c33c7a$56edaf40$6501a8c0_at_vs.shawcable.net> This is a multi-part message in MIME format. ------=_NextPart_000_0010_01C33C3F.971BE5E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hello Steve and List While not being any where near even a good and knowledgeable collector = yet. I do notice things, and the 10% increase in collectors over a few = months has been born out on Ebay alone. I have been selling opal on Ebay = since 97, and although not real active right now, saw sellers increase = from 5, back then, where I was listing a full 1/4 of the opal rough seen = on Ebay, to well over 75 dealers off and on. Many of whom are past = customers. The markets tend to create themselves when theres a hobby = involved (or a fad, for those who read business rags) and when you add = the daily increase in internet users, meteoritics can see possibly 2-3 = new collectors every two months or less( I would see a new opal buyer = about once a month year round). You will also see there is a definite = cycle to spending on Ebay. The summer being a slow period for opals = anyway, and prices for more common meteorites could nose-dive and people = expect the rarer types to follow suit. Theres a lot of hub-bub about whats coming out of the White House = regarding economics, and much will affect the little guy. Haven't seen a = program in the last 30 yrs that didn't cause the little guy to hold on = to his pennies just a little bit harder each time one was announced. = Once the fod from on high is in effect and people figure ways to live = with or around it, prices will change due to new hobbyists and surplus = money. Of course, theres always surplus money where its hard to stop = horticulturists of certain plants that have a high resale value and = collections are a great way to launder and invest money without tax = people seeing it. Mark ----- Original Message -----=20 From: MeteorHntr_at_aol.com=20 To: kelly_at_bhil.com ; meteorite-list@meteoritecentral.com=20 Sent: Thursday, June 26, 2003 11:32 PM Subject: Re: [meteorite-list] Expensive? Sterling asked: The interesting question is: how much longer will a general = decline in meteorite prices continue? Is it a lull? A temporary dip? A re-adjustment? A momentary oversupply? A slide? Was there a "bubble"? = Is this "normal"? *********** Hello List, I was told that Glen Huss sold out when he did, back in the 1980s, = because he, as the foremost expert in the field of marketing meteorites = at the time, was confident that the market had reached it's peak and = couldn't go any higher. I agree with Adam, add 10% growth (not to mention 100% or 1000% = growth) to the number of active collectors and watch the demand outpace = the supply very quickly. The reason prices have been falling in the = last 3 or 4 years is that the supply increased 1000% a year compared to = probably a flatline in the demand side. I actually am surprised that = prices haven't dropped lower. =20 Will the values rise in the future? Who knows, probably. Will they = go lower before going higher? Who knows, maybe. But maybe not. Ask me = in 5 years and I will be in a better position to tell you. Steve Arnold=20 ------=_NextPart_000_0010_01C33C3F.971BE5E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content=3D"text/html; charset=3Diso-8859-1" = http-equiv=3DContent-Type> <META content=3D"MSHTML 5.00.2614.3500" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT size=3D2>Hello Steve and List</FONT></DIV> <DIV><FONT size=3D2>While not being any where near even a good and = knowledgeable=20 collector yet. I do notice things, and the 10% increase in collectors = over a few=20 months has been born out on Ebay alone. I have been selling opal on Ebay = since=20 97, and although not real active right now, saw sellers increase from 5, = back=20 then, where I was listing a full 1/4 of the opal rough seen on Ebay, to = well=20 over 75 dealers off and on. Many of whom are past customers. The markets = tend to=20 create themselves when theres a hobby involved (or a fad, for those who = read=20 business rags) and when you add the daily increase in internet users,=20 meteoritics can see possibly 2-3 new collectors every two months or = less( I=20 would see a new opal buyer about once a month year round). You will also = see=20 there is a definite cycle to spending on Ebay. The summer being a slow = period=20 for opals anyway, and prices for more common meteorites could nose-dive = and=20 people expect the rarer types to follow suit.</FONT></DIV> <DIV><FONT size=3D2>Theres a lot of hub-bub about whats coming out of = the White=20 House regarding economics, and much will affect the little guy. Haven't = seen a=20 program in the last 30 yrs that didn't cause the little guy to hold on = to his=20 pennies just a little bit harder each time one was announced. Once the = fod from=20 on high is in effect and people figure ways to live with or around it, = prices=20 will change due to new hobbyists and surplus money. Of course, theres = always=20 surplus money where its hard to stop horticulturists of certain plants = that have=20 a high resale value and collections are a great way to launder and = invest money=20 without tax people seeing it.</FONT></DIV> <DIV> </DIV> <DIV><FONT size=3D2>Mark</FONT></DIV> <DIV> </DIV> <DIV> </DIV> <BLOCKQUOTE=20 style=3D"BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: = 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A href=3D"mailto:MeteorHntr_at_aol.com"=20 title=3DMeteorHntr_at_aol.com>MeteorHntr@aol.com</A> </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = href=3D"mailto:kelly_at_bhil.com"=20 title=3Dkelly_at_bhil.com>kelly@bhil.com</A> ; <A=20 href=3D"mailto:meteorite-list_at_meteoritecentral.com"=20 = title=3Dmeteorite-list_at_meteoritecentral.com>meteorite-list@meteoritecentr= al.com</A>=20 </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, June 26, 2003 = 11:32=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [meteorite-list]=20 Expensive?</DIV> <DIV><BR></DIV><FONT face=3Darial,helvetica><FONT face=3DArial = lang=3D0 size=3D2=20 FAMILY=3D"SANSSERIF">Sterling asked:<BR><BR> The = interesting=20 question is: how much longer will a general decline<BR>in meteorite = prices=20 continue? Is it a lull? A temporary dip? A<BR>re-adjustment? A = momentary=20 oversupply? A slide? Was there a "bubble"? Is<BR>this=20 "normal"?<BR><BR>***********<BR><BR>Hello List,<BR><BR>I was told that = Glen=20 Huss sold out when he did, back in the 1980s, because he, as the = foremost=20 expert in the field of marketing meteorites at the time, was confident = that=20 the market had reached it's peak and couldn't go any higher.<BR><BR>I = agree=20 with Adam, add 10% growth (not to mention 100% or 1000% growth) to the = number=20 of active collectors and watch the demand outpace the supply very=20 quickly. The reason prices have been falling in the last 3 or 4 = years is=20 that the supply increased 1000% a year compared to probably a flatline = in the=20 demand side. I actually am surprised that prices haven't dropped = lower. <BR><BR>Will the values rise in the future? Who = knows,=20 probably. Will they go lower before going higher? Who = knows,=20 maybe. But maybe not. Ask me in 5 years and I will be in a = better=20 position to tell you.<BR><BR>Steve Arnold</FONT>=20 </FONT></BLOCKQUOTE></BODY></HTML> ------=_NextPart_000_0010_01C33C3F.971BE5E0-- Received on Fri 27 Jun 2003 03:03:51 AM PDT |
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