[meteorite-list] Allende meteorite selling for around $40 a gram!!!

From: Darryl Pitt <darryl_at_meteoritecentral.com>
Date: Tue, 13 Dec 2011 17:13:02 -0500
Message-ID: <352A30F1-1391-4C36-AD6B-1EAC912C43CA_at_dof3.com>

Hi,

Agreed on all counts....except that Tatahouine (which is indeed a great meteorite) has some pretty good company. ;-)



On Dec 13, 2011, at 5:05 PM, Galactic Stone & Ironworks wrote:

> Hi Darryl and List,
>
> It's not that Allende isn't worth $40 a gram, but the TKW is so large
> that it's hard to justify paying that much for it when the market is
> flush with quality specimens. We've been trained to think that
> Allende is a bargain and so it is.
>
> Another good example is Tatahouine - probably the world's most
> undervalued meteorite. It is a witnessed fall diogenite of exquisite
> beauty that has no parallel on the market, yet it regularly sells for
> $10/g or less.
>
> Then we see recent ordinary chondrite falls selling for $50-$80/g
> because of marketing - go figure?
>
> The one thing I have learned in my time of collecting (and dealing)
> meteorites is this - there is no rhyme or reason to the meteorite
> market. She is a fickle mistress.
>
> Best regards,
>
> MikeG
> --
> *************************************************
>
> Galactic Stone & Ironworks - Meteorites & Amber (Michael Gilmer)
>
> Website - http://www.galactic-stone.com
> Facebook - http://tinyurl.com/42h79my
> News Feed - http://www.galactic-stone.com/rss/126516
> Twitter - http://twitter.com/galacticstone
>
> ***************************************************
>
>
> On 12/13/11, Darryl Pitt <darryl at dof3.com> wrote:
>>
>> Hi,
>>
>> I don't understand your intemperance. The suggestion that auctions are
>> inherently scams is bewildering. There are deals to be found at
>> auctions....and objects zealously fought over; an auction house merely makes
>> the market.
>>
>> Please also consider it was the traditional auctions in the mid-90s that
>> resulted in an avalanche of media that created a burst of interest in
>> meteorites---which was among the catalysts to a new generation of hunters.
>> As I said previously, Allende was an anomaly.
>>
>>
>>
>>
>>
>> On Dec 12, 2011, at 3:52 PM, M come Meteorite wrote:
>>
>>>
>>> This shows how the big auctions are only scams legalized to raise prices,
>>> which are meteorites or paintings or photographs. Tomorrow I propose my
>>> Allende for $ 40/gr to the same auction house and see if they really want
>>> to buy at the price they did.
>>>
>>> Matteo
>>>
>>> M come Meteorite Meteoriti
>>> info at mcomemeteorite.it
>>> http://www.mcomemeteorite.it
>>> http://www.mcomemeteorite.eu
>>> Mindat Gallery
>>> http://www.mindat.org/gallery-5018.html
>>> ChinellatoPhoto Servizi Fotografici
>>> http://www.chinellatophoto.com
>>>
>>>
>>>
>>> Da: meteorite-list-bounces at meteoritecentral.com
>>> A: "Meteorite Central" meteorite-list at meteoritecentral.com
>>> Cc:
>>> Data: Mon, 12 Dec 2011 12:42:37 -0800 (PST)
>>> Oggetto: [meteorite-list] Allende meteorite selling for around $40 a
>>> gram!!!
>>>
>>>
>>>> Hello Listers
>>>>
>>>> Now I know Allende has always had a stable value per gram which has been
>>>> around $10 to $12 a gram depending on the market or collection it comes
>>>> from. But now, it seems that the value has jumped up for one auction on a
>>>> 23gram slice, selling for $1000 at the Natural History Bonhams auction
>>>> yesterday in Lo Ang, California. So it seems Allende is making a run for
>>>> its value and it might be smart to get your hands on some before the
>>>> market trend follows and might have to pay a new value of around $40 a
>>>> gram. The price you have to pay for science and space, but for everything
>>>> else, there is MasterCard :)
>>>>
>>>> http://www.bonhams.com/eur/auction/19429/lot/1097/
>>>>
>>>> Shawn Alan
>>>> IMCA 1633
>>>> eBay story
>>>> http://www.ebay.com/sch/ph0t0phl0w/m.html
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Received on Tue 13 Dec 2011 05:13:02 PM PST