[meteorite-list] Ad New Canadian Meteorite for sale

From: Greg Catterton <star_wars_collector_at_meteoritecentral.com>
Date: Fri, 5 Dec 2008 14:51:33 -0800 (PST)
Message-ID: <245270.5901.qm_at_web45616.mail.sp1.yahoo.com>

I see this as being true about the total weight available and thats why I think that the $50 per gram is way too much to pay for this fall. In a few months it will be able to be purchased for a much lower cost. Yes, I do think that the amount of video will add to the price some, but not much more then the typical new falls bring in.
I think the price range given for this fall of between $1 - $10 per gram will be correct as more material becomes available. Its not like there is not alot available as Mike said about the Carancas fall...
That said, I am looking for a sample of this, but wont pay $50 per gram for it.
I for one am looking forward to the hunters trips and will wait until then to make my purchase unless someone offers me a sample at a more reasonable price.


--- 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: meteorite-list at meteoritecentral.com, star_wars_collector at yahoo.com
> Date: Friday, December 5, 2008, 1:22 PM
> This is where pricing becomes difficult. Carancas was an
> extraordinary event. Very little material found, half of
> what was found was dust. $100 gram was a fair price, as I
> sold out at that price in hours.
> The 13 kilo piece of the Canadian fall weighs as much as
> nearly all of the Carancas found. Some pieces sell cheap
> now because people in Peru and Bolivia held too long,
> waiting for more money, while I and others filled up all
> buyers and museums, now there is not the demand because
> everyone already has it.
>
> Canada is a widespread fall, apparently everyone and their
> brother up there has found stones, so they will start
> trickling out. The videos make this fall a must have. I am
> not trying to set a price, just mulling over the last decade
> of falls and the price outcomes and this is where I see it
> ending up. Depends of course on export etc, but Canadian
> government will not spend millions of this chondrite. Tagish
> was a different creature, rarest meteorite almost that ever
> fell.
> We will see, it will take months to get export permits,
> time for TKW etc to firm up and tell us more.
> mike
>
>
>
> --- On Fri, 12/5/08, Greg Catterton
> <star_wars_collector at yahoo.com> wrote:
>
> > From: Greg Catterton
> <star_wars_collector at yahoo.com>
> > Subject: Re: [meteorite-list] Ad New Canadian
> Meteorite for sale
> > To: meteorite-list at meteoritecentral.com
> > Date: Friday, December 5, 2008, 11:15 AM
> > 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,
> > > > email, and
> > > > favorite sites in one place. Try it now.
> > > >
> > >
> >
> (http://www.aol.com/?optin=new-dp&icid=aolcom40vanity&ncid=emlcntaolcom00000010)
> > > >
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Received on Fri 05 Dec 2008 05:51:33 PM PST