[meteorite-list] Meteorite sales falling with the stock market?

From: Greg Hupe <gmhupe_at_meteoritecentral.com>
Date: Sun, 12 Oct 2008 21:15:54 -0400
Message-ID: <603E83A351C94391A1C28C39F2257282_at_Gregor>

Dear Anne and List,

Anne asked:
"When is the last time we had a new Aubrite (a real one)?"

Simple, "NWA 4799", beginning of this year!! And what a beauty it is. Bernd
sent to the List some excellent micro-photos he took a couple of weeks ago,
and then he sent me some even better ones. Bernd, can you please send these
photos to our fellow Aubrite enthusiasts on the List.

In the mean time, here are a couple of links to my more humble photos of NWA
4799:


Image of large whitish enstatite grains at 26x magnification:

http://www.lunarrock.com/nwa4799/nwa4799c.jpg



Image of large enstatite grains at 32x magnification:

http://www.lunarrock.com/nwa4799/nwa4799e.jpg



Anne, did you make some thin sections of this one? If not, contact me off
List if interested in some material to have those high quality thin sections
you provide!



Enjoy!
Greg


====================
Greg Hupe
The Hupe Collection
NaturesVault (eBay)
gmhupe at htn.net
www.LunarRock.com
IMCA 3163
====================
Click here for my current eBay auctions:
http://search.ebay.com/_W0QQsassZnaturesvault



----- Original Message -----
From: <Impactika at aol.com>
To: <fuzzfoot at comcast.net>; <almitt at kconline.com>; <mlblood at cox.net>;
<michael_w_gilmer at yahoo.com>; <meteorite-list at meteoritecentral.com>
Sent: Sunday, October 12, 2008 8:49 PM
Subject: Re: [meteorite-list] Meteorite sales falling with the stock market?


> Hello List, Al and Mike(s),
>
> Excellent market analysis, Mike (Bandli). I agree with most of it.
>
> Personally I believe that the planetary meteorites will keep on losing
> their
> value (except maybe some exceptional falls) as they become less and less
> of a
> rare occurence. At the last Tucson Show, there were no less than 3 new
> lunars.
> When is the last time we had a new Aubrite (a real one)?
>
> And business is about the same as last year. And I am hoping to close soon
> on
> a very nice trade, so I will have even more new "stuff". No complaints
> here.
>
> Anybody else?
>
> Anne M. Black
> _http://www.impactika.com/_ (http://www.impactika.com/)
> _IMPACTIKA at aol.com_ (mailto:IMPACTIKA at aol.com)
> Vice-President, I.M.C.A. Inc.
> _http://www.imca.cc/_ (http://www.imca.cc/)
>
>
> In a message dated 10/12/2008 4:25:20 PM Mountain Daylight Time,
> fuzzfoot at comcast.net writes:
> At this point in time, my view is that the economic crisis has had little
> immediate effect on the meteorite market. My observation has been that
> historical and older witnessed falls continue to rise and sell quickly
> (especially from the Old-World). More and more rare/historical falls are
> reaching the $100+ a gram price, whereas a few years ago they were 'only'
> $50/g. I believe there are several reasons for this:
>
> 1. Less museums and institutions are exchanging historical material.
>
> 2. More historical material is being sectioned down into smaller pieces
> and
> macros making them more expensive (and larger pieces difficult to find).
>
> 3. I believe that more and more collectors are aspiring to collect
> historical falls.
>
> 4. Hard Provenance. Provenance can add exceptional value to a piece and
> more
> and more dealers are providing it pre-sale. (copies of old museum or
> collector labels, chain of ownership, etc.).
>
> On the other hand Dessert Finds, USA finds, and planetaries are cheap and
> seem to be on a small decline. I believe there are several reasons for
> this
> as well:
>
> 1. Dessert Finds: Many collectors have filled their type-collections
> making
> otherwise rare types a little less desirable. Exceptions would be
> extremely
> fresh material, new sub-types, or aesthetic pieces. Look how cheap CV3's
> are!
>
> 2. USA Finds: There seems to have been a flood of this material over the
> last few years - supply/demand. Exceptions would include ultra-rare irons,
> rare localities, or old labels/provenance.
>
> 3. Planetaries: I'm not entirely sure what is happening here, but Lunars
> and
> Martians could be purchased very cheap (in bulk) in Tucson. Perhaps supply
> has overgrown demand. $1000/g planetaries are, for now, a thing of the
> past.
> I believe that they will re-bound in several years, however, making them a
> smart buy now.
>
> These three groups may also suffer more as a result of the long-term
> economic crisis as collectors begin prioritizing their collections.
>
> I have been keeping a pretty close eye on this and it seems that eBay, for
> the most part, is not the place to sell right now. The upside is that eBay
> has some great bargains for buyers. As a result, I predict that more
> sellers
> will discontinue the .99 cent selling format and begin using fixed prices
> on
> eBay.
>
> I also get the sense that some dealers are hoarding and/or are on selling
> freezes. I haven't purchased much in the last few months only because
> there
> is little for sale that suits my collection requirements. It will be
> interesting to see where things are in February at Tucson.
>
> Just my opinion and personal observations... Others' may be different and
> I
> look forward to more posts on this topic.
>
> Regards,
>
> Mike Bandli
> **************New MapQuest Local shows what's happening at your
> destination.
> Dining, Movies, Events, News & more. Try it out
> (http://local.mapquest.com/?ncid=emlcntnew00000002)
> ______________________________________________
> http://www.meteoritecentral.com
> Meteorite-list mailing list
> Meteorite-list at meteoritecentral.com
> http://six.pairlist.net/mailman/listinfo/meteorite-list
>
Received on Sun 12 Oct 2008 09:15:54 PM PDT