[meteorite-list] AD - Auctions/Thoughts

From: Galactic Stone & Ironworks <meteoritemike_at_meteoritecentral.com>
Date: Tue, 23 Feb 2010 13:40:02 -0500
Message-ID: <e51421551002231040y6db5175x5b6bc802dd128c49_at_mail.gmail.com>

Hi Adam and List,

I don't pretend to be an experienced or knowledgeable as you or some
of the other veterans, but I have noticed some trends since I started
out in the meteorite world three years ago. When I first started out,
I could buy kilos of uNWA material for .05 cents a gram, and that
included nice dark specimens that weren't covered in caliche. I'd buy
a couple of kilos and I had a hard time letting most of the pieces go,
because each kilo contained several stones that had relatively-fresh
crust, thumbprints, and other desirable features. Now, if you can
find a kilo for .05 cents a gram (without buying 100 kilos), you get a
batch of heavily-weathered crap that is only fit for a rock tumbler.

I've talked to several "old timers" and they all seem to agree that
the Saharan situation is unique. There is not another Morocco waiting
in the wings - when the offerings from the Sahara finally peter out,
that's it. Don't expect China to open up the Gobi (which is covered
in dark native rocks and would be a nightmare to search), and the
world's other hot deserts are in countries that frown upon open
exports of material - like Australia.

The good news is, there is literally tons of uNWA material sitting in
stockpiles and that material is going to keep the market stocked for a
long time to come. The bad news is, the good prices are rapidly
becoming a memory. Don't expect cheap deals when those stockpiles are
opened up and distributed.

I only wish I had taken out loans and got myself a dozen credit cards
and maxxed them out on every nice uNWA I could find 3 years ago. Now
I find myself unable to purchase the kind of material I like to
collect because I simply can't afford it. When it comes to paying the
electric bill, or buying a fresh dark crusted uNWA, I have to pay
bills.

I recently sold off 90% of my personal collection of over 100
localities - to pay medical bills. I seriously doubt I will be able
to replace many of those pieces because the replacements will cost
several times what I paid originally.

So Adam is speaking the truth - bid now and bid often. I would if I could.

Best regards and happy huntings,

MikeG

http://www.galactic-stone.com




On 2/23/10, Adam Hupe <raremeteorites at yahoo.com> wrote:
> Dear List Members,
>
> I have many great auctions ending this afternoon. You will find the most
> complete assemblage of rarities currently available on eBay. I will be
> adding
> more new items each week as my final inventory comes out of preparation. It
> is
> becoming increasingly difficult, if not impossible to replace this inventory
> once it is sold so you may want to take advantage of some of these offerings
> while the price is the lowest it has been in history.
>
> I imagine there will be a lot of complaints when Martian material is back
> up to $1,000.00/gram when it can be had for a fraction of this price right
> now.
> The planetary find trend is way off and peaked a few years ago. It will not
> be
> long before the price catches up as the supply is depleted. Even Antarctica
> is
> running dry in this sector, something I thought was not possible just a few
> years ago. Although Northwest Africa has handily overtaken Antarctica in
> planetary finds, I thought that the long-term trend was in Antarctica's
> favor
> but this does not seem to be the case any more. I always thought that the
> tortoise beat the hare!
>
>
> I wonder what the next plateau will be once these places have been swept
> clean?
>
>
>
> All Auctions Can Be Found At This link:
> http://shop.ebay.com/merchant/raremeteorites!_W0QQ_nkwZQQ_armrsZ1QQ_fromZQQ_mdoZ
>
>
>
> Thank
> you for looking and if you are bidding, good luck.
>
>
> Best Regards,
>
> ------------------------------------
> Adam
> Hupe
> The Hupe Collection
> Team LunarRock
> IMCA 2185
> raremeteorites at yahoo.com
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-- 
------------------------------------------------------------
Mike Gilmer
http://www.galactic-stone.com
http://www.facebook.com/galacticstone
------------------------------------------------------------

Received on Tue 23 Feb 2010 01:40:02 PM PST