[meteorite-list] AD: Wisconsin Fireball Meteorite Fall Part Slices on Ebay NOW 1 day

From: Jason Utas <meteoritekid_at_meteoritecentral.com>
Date: Sat, 24 Apr 2010 05:33:49 -0700
Message-ID: <q2s93aaac891004240533g70e84c2bpa4370ea5b9b8942f_at_mail.gmail.com>

> If I was in this situation that the meteorite collectors are in the field I would explain to the farms the case with what could happen with falls. What I would do if I was there I would split the finds 50/50 and give them the resources of how they could sell the meteorites or purchase the meteorites at a base value of current market value prices that reflects that type of meteorite fall in the market.

This was obviously not a Gao-sized fall, so prices will range from $20-80/g.
That's what could happen. Just wait and see.

>>So you're suggesting cutting every stone found from the fall?
> Wow. I think there are many list-members here who would agree that
> that's a very, very bad idea. It's one thing to pay them a fair
> price. It's another to do so in such a way that you manage to destroy
> every stone found.

> So you are saying cut every stone from the fall....No, you said?that. I merely gave some suggestions, it is your call on how you would like to interpret it. But.... if you want to cut them up into small pieces, then by all means do so, but please, don't try to ask a question and then answer your question with a quote un quote?"Bullcrap" assumption.

"I would split the finds 50/50 and give them the resources of how they
could sell the meteorites or purchase the meteorites at a base value
of current market value prices that reflects that type of meteorite
fall in the market.."

The problem with saying this is that..well, there are a few.
1) You're advocating splitting finds with landowners in a fall where
finds are few and far between. It seems a little unlikely that a
given hunter is going to find two stones on any given farmer's land.
It might happen - it almost undoubtedly has, but, based on what I've
been hearing from the field, not all that much is being found in the
same place, as occurred with Ash Creek.
So, odds are the only way you're going to be able to do this is by
cutting stones in half.
2) Do you think a collector or dealer is looking to sell finds to
landowners at base prices? If this fall's tkw is even 20kg, prices
will still be at least $20/g. Probably more for smaller complete
stones.

This only really becomes a problem when they find out that $5/g isn't
50/50. I wonder how long it's going to take.

> Lastly,?I guess the bottom line is that by?giving suggestions from different view points leaves open for how someone wants to take the information, if you want to take it as positive or nagative, by all mean do so. As for me, I like to be in the middle and play both sides, cause at the end of the day, it comes down to what your purpose is on here on the List is.... if it may be that your a collector, dealer, a middle man, to a hobbyist,scientist, a drive by reader or a nubie, just at the end of the day, make sure you leave with a sm;)e.

I'll smile when a dealer offers me a stone for the $10/g that the
dealers are saying they're worth in the field.
Hell, I'll pay $15/g. Any takers? 33% over a "fair" price is pretty
damn good.

It's one thing to say that you're only willing to pay them $5/g for a
stone. It's another to tell them that that's half of what it's worth
on the market, because that's simply a lie.

I don't like lying.

So, no, I'm not smiling.

Jason


>
>
>
>
> [meteorite-list] AD: Wisconsin Fireball Meteorite Fall Part Slices on Ebay NOW 1 day
> Jason Utas meteoritekid at gmail.com
> Sat Apr 24 07:01:11 EDT 2010
>
>
> Previous message: [meteorite-list] AD: Wisconsin Fireball Meteorite Fall Part Slices on Ebay NOW 1 day
> Next message: [meteorite-list] Wisconsin meteorites for sale
> Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]
>
>
>
>>I see Steve?s point of what he?s doing by setting a base price for the recent meteorite fall in WI to pay the land owners %50 in cash from sales on eBay. But, with any new fall the first year the price tends to be high because it?s a new fall and there after the price drops to about $10 a gram or less, unless it?s a hammer or has any significance because of science or other reasons that could make a certain fall unique.
>
>
> Bullcrap. I'd like to see you point out a single place online or
> otherwise where you can buy Ash Creek, Park Forest, or Whetstone
> Mountains for anything shy of $20/g. Don't delude yourself here; as a
> collector, I would *love* to see prices down there, but it's simply
> not true. Park Forest is a standard $35-40/g, Ash Creek has bottomed
> out at $20/g (sometimes 15 if you're lucky), and Whetstone, with its
> comparable tkw (at the moment) is holding fast at $80/g or so.
>
>
>>In the case with the WI fall it is hard to say what significance this fall has, then it?s another ordinary chondrite fall and until the scientist are able to run more test on the fall.
>
>
> It's a brecciated, equilibrated H-chondrite. That much is obvious
> from the photos. I suppose it might be a funny L, but it looks like
> an H. Regardless, it's an equilibrated ordinary chondrite.
>
>
>>If I was in this situation that the meteorite collectors are in the field I would explain to the farms the case with what could happen with falls. What I would do if I was there I would split the finds 50/50 and give them the resources of how they could sell the meteorites or purchase the meteorites at a base value of current market value prices that reflects that type of meteorite fall in the market.
>
>
> So you're suggesting cutting every stone found from the fall?
> Wow. I think there are many list-members here who would agree that
> that's a very, very bad idea. It's one thing to pay them a fair
> price. It's another to do so in such a way that you manage to destroy
> every stone found.
>
>
>>Good example is the NWA 869 L4-6 meteorite. At the current rate with this ordinary chondrite, the going rate is $1 a gram or less depend on the samples, if it has fusion crust, or if it?s sold as a Lot or not. With all this could get confusing with the farm and if there scientific community finds interesting finds, which could take a year or longer to verify could change the current mark price.
>
>
> This fall's not going to be sold in bulk lots. Your analogy to 869
> does address quality, though...but I'm going to have to disagree with
> you here. Whether or not you're buying a fragment or an individual of
> a new fall from the US or Europe, you'll be paying $20-80/g. Give or
> take. That number generally depends on the availability of the fall
> -- not the individual specimen's quality. With more common falls,
> yes, quality makes a difference.
> A fragment of Gao is worth less than an individual because there are
> individuals available.
> But if you wanted a piece of...say, Homestead. There are no
> individuals on the market, and even slices and fragments are rare. In
> light of that fact, if you want a piece of it, the price per gram is
> fairly standard whether you're buying a slice, fragment, or
> individual.
>
> This is an American fall. Its price will be fairly standard, if it's
> at all like other American falls...Holbrook excluded because it's so
> large.
>
>
>>All in all I think this situation could go in different directions depending on the comfort level the farmers have with the collectors or if the collectors out in the field have a better understanding of what they are dealing with from the fall.
>
>
> Just you wait until these ebay auctions play out...
>
>
>>At any rate its best to build a good level of communication with the farmers of how the market works with new falls.
>
>
> Like with Ash Creek? I don't know if you were around for that, but
> the reason why things went sour so quickly is because dealers were
> paying farmers literally $1-2/g for stones that, in a few cases, later
> sold on ebay for $100/g (the price did drop drastically at the time,
> but held at $35/g for several months before coming down to the ~$20/g
> it is today).
>
>
>>Let?s say you have found a 300 gram meteorite from the fall and sat on it for a few years and nothing became of this fall then just a ordinary chondrite I would see the meteorite selling around a $1 a gram of less depend if the weathering was down to a minimal and the structure of the fusion crust was still intact and retained its physical characteristics.
>
>
> You don't seem to understand how western (N&S America, Europe, Asia to
> some extent) falls are priced.
> I would price the stone at between $4,000 and 5,000 dollars, and I
> would be damn happy to get it for as low as $4k.
> That's if this is a large fall.
> If it's a small fall like Whetstone...at least $5k, but the finder
> could easily ask for more. And get it.
>
> But don't trust me - I've only been here watching the market since 1998.
>
> Regards,
> Jason
>
> On Sat, Apr 24, 2010 at 12:43 AM, Brian Cox
> <searchingforfun at sbcglobal.net> wrote:
>
>> Uh, excuse me, Wait a minute, ok..... Something doesn't sound right here at
>
>> all. I hate to be the buttinsky here and call anyone out, but as I
>
>> understood it all the collectors/dealer/.amateurs/locals ? HAD to PAY the
>
>> Farmers and Landowners Before They Left The Property with What They Found
>
>> and not 1 week or 1 month or 6 months or 1 year after they walked off the
>
>> property what money the meteorites were worth.
>
>>
>
>> Everyone PAID Upfront, not a day later nor next week or next month nor next
>
>> year.
>
>>
>
>> People are reading about selling on ebay and then commenting that they
>
>> understand that the meteorites have to be sold so that you can "Pay the
>
>> Farmer" after they sell???? That is a Load of Crap.
>
>>
>
>> No one up there signed a contract with those landowners and farmers and
>
>> showed their Driver's license or gave them their address to wait for
>
>> payment. Those farmers are not idiots. They did NOT let anyone walk off
>
>> their land without paying up for what was found unless people hid meteorites
>
>> or ran off the property like some guy did on Friday and then the farmer
>
>> chased everyone off and said no more hunting.
>
>>
>
>> All people up there HAD to Pay the farmer a fee such as $50 per day per
>
>> person to hunt and then you had to show your meteorites to the landowner and
>
>> they weighed them and you had to pay at that time $4 per gram for your half.
>
>> It was a 50/50 deal. If you had a 20 gram meteorite, then it was 20 x $4
>
>> =$80 and then you had to pay the farmer $40.
>
>>
>
>> If this isn't correct, then please correct me now, because this is what 100
>
>> other hunters were doing and there is no Dumb Landowner that I know of that
>
>> took anyone's word and is sitting back watching ebay to see how much these
>
>> meteorites are going to sell for and is going to watch for the mail or watch
>
>> Paypal for his half to magically appear.
>
>>
>
>> Aren't I right?
>
>>
>
>
>
>
>
>
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Received on Sat 24 Apr 2010 08:33:49 AM PDT