[meteorite-list] Ad New Canadian Meteorite for sale

From: Greg Catterton <star_wars_collector_at_meteoritecentral.com>
Date: Fri, 5 Dec 2008 10:15:15 -0800 (PST)
Message-ID: <647337.19914.qm_at_web45616.mail.sp1.yahoo.com>

I agree 100% on this. $50 per gram is too high, the Carancas for example was $100 per gram at first, now it can be had for under $20 per gram.
I have read several places that it is only valued at $1 - $10 per gram. I will wait a bit myself.

Greg


--- On Fri, 12/5/08, Michael Farmer <meteoriteguy at yahoo.com> wrote:

> From: Michael Farmer <meteoriteguy at yahoo.com>
> Subject: Re: [meteorite-list] Ad New Canadian Meteorite for sale
> To: gmhupe at htn.net, meteoriteplaya at gmail.com, MeteorHntr at aol.com
> Cc: meteorite-list at meteoritecentral.com
> Date: Friday, December 5, 2008, 1:10 PM
> This meteorite will end up with a retail value of ~$10 gram
> or so, give or take a few $ and perhaps $25 gram for small
> stones. There will be a huge amount of this meteorite found,
> the videos show every local schoolkid walking around with
> meteorites, and the real hunting hasnt even started yet. The
> snow is about to fall, putting the meteorite in deep freeze.
> Most of us hunters are talking and planning major hunts for
> springtime when the thaw comes.
> I forsee at least a few hundred kilos of stones being
> found.
> Canada will allow export of stones, that wont be a problem
> for a common chondrite, since the government will have
> plenty of material.
> Kudos to Sonny and McCartney, but the price will not be set
> be a single sale.
> Michael Farmer
>
>
> --- On Fri, 12/5/08, MeteorHntr at aol.com
> <MeteorHntr at aol.com> wrote:
>
> > From: MeteorHntr at aol.com <MeteorHntr at aol.com>
> > Subject: Re: [meteorite-list] Ad New Canadian
> Meteorite for sale
> > To: gmhupe at htn.net, meteoriteplaya at gmail.com,
> meteoriteguy at yahoo.com
> > Cc: meteorite-list at meteoritecentral.com
> > Date: Friday, December 5, 2008, 10:58 AM
> > Greg,
> >
> > As I understand, the Canadian law was put in place to
> give
> > Canadian
> > Scientists first shot at ALL the grant money on
> research
> > for any newly found
> > meteorites in Canada.
> >
> > If any meteorite is allowed outside the Canadian
> borders,
> > it would allow
> > some other scientist or institution in another
> country to
> > get that grant money.
> > In some cases that grant money could total in the
> tens of
> > thousands or
> > hundreds of thousands of dollars.
> >
> > I am not sure what Canadian Meteorite Researchers
> earn
> > each year, but their
> > salaries can't be cheap for their employers.
> >
> > So, as long as the physical rock stayed in Canada,
> then no
> > harm can be done
> > to the Canadian scientists.
> >
> > Years ago, I purchased a new Canadian Meteorite when
> I
> > drove to Canada. I
> > gave it to a Canadian collector to hold for me when I
> > returned to the states
> > to figure out what I wanted to do with it. I then
> sold
> > the ownership of the
> > rock to another American meteorite dealer, even
> though the
> > rock always
> > remained, and to this day it still remains in Canada.
> >
> > I would imagine, if this meteorite is indeed an
> ordinary
> > chondrite, there
> > will be little research money given to study it. So
> the
> > scientists probably
> > will not be interested in buying much of it, since
> there
> > will be little to no
> > return on their investment.
> >
> > If there is 100,000 grams eventually found, they
> probably
> > will not want to
> > pay over $10/g, or spend $1,000,000 if their grant
> money
> > they will earn would
> > be less than $1,000,000.
> >
> > The reason why the Canadians were willing to pay the
> one
> > guy $650,000 for
> > his 650g Tagish Lake, is because they could make so
> much
> > MORE profit off the
> > grant money to study that one.
> >
> > So if any finds from the Marsden Meteorite are
> submitted
> > for an export
> > permit, all the institutions in Canada will get to
> stall
> > for 6 months to
> > eventually end up saying that they don't want to
> buy
> > any of them, providing that in
> > the next 6 months they get more than enough donated
> to
> > them for free, or if
> > someone else wants to sell them some at below market
> > values.
> >
> > I think the real question to be asked is HOW do they
> > determine what the
> > "fair market value" of the meteorites are?
> >
> > If Sonny and McCartney can find a buyer for $50 a
> gram,
> > does that then force
> > the government to now pay $50/g IF any others are
> found
> > and the finders
> > choose to request the export permit, and a Canadian
> > institution would to buy them
> > first? If Sonny or McCartney do not sell all of
> their
> > finds at their
> > asking price of $50/g, maybe they could put one of
> their
> > finds up on Ebay, with
> > the stipulation that the rock will NOT be shipped out
> of
> > Canada, then Canadian
> > bidders could help establish the retail value. Of
> course,
> > a foreign buyer
> > could bid and own it, even though they would not take
> > actual physical
> > possession of it.
> >
> > As I said before, IF the Canadian government is more
> than
> > willing to pay a
> > true fair market value on all found meteorites, then
> this
> > is wonderful. It
> > will encourage many people to go out and find
> meteorites in
> > Canada knowing
> > there is a reward waiting for their finds
> >
> > Steve Arnold #1
> > www.SteveArnoldMeteorites.com
> >
> >
> >
> >
> >
> >
> > In a message dated 12/5/2008 11:15:11 A.M. Central
> > Standard Time,
> > gmhupe at htn.net writes:
> > Hello Mike, Mike and List,
> >
> > Doesn't the Canadian government have first right
> of
> > refusal on any meteorite
> > sales/purchases? I thought I read from one of our
> Canadian
> > List members that
> > only after the Canadian government, museum or such,
> has
> > opted not to
> > purchase a meteorite, then the "land owner"
> has
> > the right to sell the
> > meteorite(s).
> >
> > I'd like to hear from our Canadian friends to see
> if
> > there is a clear
> > definanition of the Canadian law regarding this.
> >
> > Best regards,
> > Greg
> >
> > **************Make your life easier with all your
> friends,
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> >
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Received on Fri 05 Dec 2008 01:15:15 PM PST