[meteorite-list] Trends with WI Fall and alike for July

From: Greg Stanley <stanleygregr_at_meteoritecentral.com>
Date: Thu, 1 Jul 2010 09:23:36 -0700
Message-ID: <SNT117-W293B82DA52F69304444F40D2CD0_at_phx.gbl>

MikeB:

I agree: I think many people that wait are the long time experienced collectors, trying to get the most for their buck.? I think however, there's something about having one of the most fresh (complete stones) or even a hammer from a highly publicized fall like WI.? If you have the money - why not.

Greg S.

----------------------------------------
> From: fuzzfoot at comcast.net
> To: meteoritemike at gmail.com; photophlow at yahoo.com
> Date: Thu, 1 Jul 2010 08:59:48 -0700
> CC: meteorite-list at meteoritecentral.com
> Subject: Re: [meteorite-list] Trends with WI Fall and alike for July
>
> Hello MikeG,
>
> Maybe you don't mean it, but your post implies that those that don't wait
> for some kind of price drop are inexperienced, impatient, or na?ve. This
> couldn't be further from the truth. Many of those that purchase immediately
> are just the opposite - experienced, long-time collectors. It has nothing to
> do with "being the first on the block to own it." In the case of Wisconsin,
> many wanted complete stones, which were few and far between. Many wanted
> pre-rain material. Whatever the reason, they are all good reasons, and
> everyone is happy.
>
> MikeG wrote: "Despite the marketing hype, there is little special about any
> of them beyond the significance the buyer attaches to them."
>
> I won't attach any significance to them, but will state the facts:
>
> Whetstone Mountains - the first recovered Arizona fall in nearly 100 years.
> Probably the most documented recovery in history. Very little available to
> collectors. Fireball captured on video.
>
> Daule - the first and only Ecuadorian meteorite to ever be recovered.
> Obviously an historic event for Ecuador. Beautiful shock breccia. Under one
> kilo available to collectors.
>
> Wisconsin - the most covered fall in history. Witnessed by tens of thousands
> of people. Stunning breccia. Low recovered weight and horrible search/find
> ratio (much more expensive to find). The pre-rain, low-oxidized material
> will always hold a premium, because the contrast of the breccia is lost with
> oxidation. I believe this one will also be orbit calculated.
>
> For those of us who don't view things through the prisms of type or price,
> all meteorite falls and recoveries are special and significant events.
>
> Best regards,
>
> Mike Bandli
>
> ----------------------------------------------
> Mike Bandli
> Historic Meteorites
> www.HistoricMeteorites.com
> IMCA #5765
> -----------------------------------------------
>
> -----Original Message-----
> From: meteorite-list-bounces at meteoritecentral.com
> [mailto:meteorite-list-bounces at meteoritecentral.com] On Behalf Of Galactic
> Stone & Ironworks
> Sent: Thursday, July 01, 2010 7:26 AM
> To: Shawn Alan
> Cc: meteorite-list at meteoritecentral.com
> Subject: Re: [meteorite-list] Trends with WI Fall and alike for July
>
> Hi Shawn and List,
>
> Perhaps I am off-base here, but I think we are witnessing (in part) a
> dynamic of collecting meteorites.
>
> New collectors are steadily entering this field/hobby and those who
> stay will mature and learn. Their knowledge of meteoritics,
> collecting, and the market will increase with their experience. What
> we saw with Ash Creek is different than what we are seeing now with
> Wisconsin because the greater collector market is maturing. Perhaps
> now we are in-between the influx crowds of newbies and the majority of
> current collectors are becoming more savvy in their purchases. One of
> the first lessons about falls that newbies learn is patience. It's
> the same with most things - the first person on the block to have a
> thing, pays much more for that thing. So the rest of the people sit
> back and wait for the price to come down - which it usually does.
> Those who wanted to be the first on the block to own Wisconsin now
> have it, and now the rest of us are waiting to get a better price.
> The new and inexperienced will rush out to pay top dollar for a common
> chondrite because it is exciting to them, regardless of the petrologic
> type or circumstances of the fall. Perhaps the "Class of Ash Creek"
> has graduated and now we are seeing the benefits of patience, rational
> assessment, and experience.
>
> Of course, this could change in a moment when the second season of
> Meteorite Men starts and a new flock of eager beginners discovers
> meteorites. Or when the next brilliant fireball goes viral on
> YouTube.
>
> I still don't own a sizeable specimen of Ash Creek, Whetstone
> Mountains, Daule, or Wisconsin and I won't until the right price comes
> along. Those falls just don't fit into my collecting scheme - because
> they are ordinary chondrites that fell under ordinary circumstances
> (for the most part). Despite the marketing hype, there is little
> special about any of them beyond the significance the buyer attaches
> to them. Do any of the above have the makings of a truly "historical"
> fall - maybe, maybe not. Are they rare types? No. I'm not trying to
> downplay any of these falls, but I think few would argue that these
> falls were well worth the prices they were introduced at.
>
> Best regards,
>
> MikeG
>
> On 7/1/10, Shawn Alan wrote:
>> Hello Listers,
>>
>> I have noticed with the Livingston WI meteorite Fall in April that the
>> prices were at a good high, well over $100 a gram for the first month
> being
>> sold on eBay and alike. And then a rush happened over night with a few
>> sellers on eBay and the meteorite market and it was mayhem. However, in
> the
>> past few weeks I have noticed prices dropping low, and I mean low. Tonight
>> on eBay a WI slice weighing at 3.8 sold at $78 and another slice at 9.66g
>> sold at $285.
>>
>> With other recent falls they tend to stay high for the first year from
> what
>> I have seen with sales and research, but with the WI fall this isn't the
>> case. I am left to wondering why is it with this fall that it had a great
>> led in sales in the first month and dropped so low in less then 2 months,
>> not to mention the lack of WI meteorites found in the field? Is it that
>> majority of the WI fall meteorites are being sold at a recorded high
> weight,
>> dealers selling the big boys all at once?
>>
>> I see that this coming month that sales with historic falls will keep
> going
>> up and the exchange of rare and special meteorite falls will be revisited
>> for the fact of the rich history they command in the market and with
>> collectors alike. Also not to mention, the new NWAs that keep popping up
>> will bring a new twist to the collecting world. All I can say is history
>> repeats its self and history can out weigh anything through and through
>> again while trends come and go. Hold on and lets see what July brings for
>> the hot summer month to cool our needs for meteorites.
>>
>> Shawn Alan
>> IMCA 1633
>> eBaystore
>>
> http://shop.ebay.com/photophlow/m.html?_nkw=&_armrs=1&_from=&_ipg=&_trksid=p
> 4340
>> ______________________________________________
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>
>
> --
> ------------------------------------------------------------
> Mike Gilmer - Galactic Stone & Ironworks Meteorites
> http://www.galactic-stone.com
> http://www.facebook.com/galacticstone
> ------------------------------------------------------------
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Received on Thu 01 Jul 2010 12:23:36 PM PDT