[meteorite-list] Re : Re : Moroccan business meteorite is suffering

From: Michael Gilmer <meteoritemike_at_meteoritecentral.com>
Date: Sun, 5 Jun 2011 21:32:21 -0400
Message-ID: <BANLkTimkCh7NZHSZ72gRp3Ra3qGB_dJNEA_at_mail.gmail.com>

I see Bessey specks this way - almost any speck or crumb of a
classified meteorite is not going to hurt science because science
already has the 20/20 type sample. Depending on the size of the type
sample, that can be enough to last indefinitely for study.

For the larger type samples (20g or 40g for a generous main mass
holder like NWA 5000), you can make a ton of thin sections with that
much material. You can also run a lot of destructive analysis with
20-40g of material on deposit.

On the other hand, take NWA 6696 for example. That is my little LL3.6
that was classified at UCLA. The TKW is only 10g and UCLA received 8g
of that. I retained 2g. I traded one 1g slice to a friend. I kept a
1g slice which I still have. I could turn that 1g slice into 100+
Bessey specks and make a tidy sum from the sales, I would never do it
because on the off chance that something unexpected is found in that
meteorite, I want the available material to be of use to science. If
science demanded it, I would gladly surrender my last gram of it.

So, not every specimen I obtain is destined for the saw or hammer. It
depends on the rarity, scientific interest, and historical value (if
any) of the piece.

Best regards,

MikeG


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On 6/5/11, Greg Catterton <star_wars_collector at yahoo.com> wrote:
> But that there is the very dangerous and terrible downside to meteorite
> selling. Eventually most will be crumbs and sub gram samples that offer
> little to no scientific value.
>
> So many forget that while this is a hobby for some, scientists and
> researchers have made careers out of studying these wonderful rocks from
> space. Its not always about the dollar and thats the one ingredient of the
> Meteorite men that is so troubling. I know if there is no money values
> viewers may not tune in, but its more like a cash for treasures show then a
> science show with so much $$ flashing around after every find.
> (not a jab at the show, I think its great to draw in new collectors)
>
>
> Greg Catterton
> www.wanderingstarmeteorites.com
> IMCA member 4682
> On Ebay: http://stores.shop.ebay.com/wanderingstarmeteorites
> On Facebook: http://www.facebook.com/WanderingStarMeteorites
>
>
> --- On Sun, 6/5/11, Michael Gilmer <meteoritemike at gmail.com> wrote:
>
>> From: Michael Gilmer <meteoritemike at gmail.com>
>> Subject: Re: [meteorite-list] Re : Re : Moroccan business meteorite is
>> suffering
>> To: "bill kies" <parkforestmet at hotmail.com>
>> Cc: meteorite-list at meteoritecentral.com
>> Date: Sunday, June 5, 2011, 8:46 PM
>> I've been saying it for years - buy
>> low as possible, sell high.
>>
>> Go on open market, buy a $10 micromount.
>>
>> Cut that 1-inch square micro into 10 smaller squares and
>> sell each
>> square for $5.
>>
>> If you cannot afford a saw, whack the micro with a hammer
>> and sell
>> each piece for $5.
>>
>> Bingo, you have just quintupled your money before expenses
>> and overhead.
>>
>> Do this on 50-100 micros a month and your rent is paid.
>>
>> Lather rinse repeat.
>>
>> There is so much profit potential in meteorites - even with
>> the
>> wholesale prices climbing. The key is adjusting one's
>> business model.
>>
>> The old-school business model says to take that 1-inch
>> square micro
>> you bought for $10 and resell it (intact) to a single buyer
>> for $20 or
>> $25. That same business model also says to do it on
>> eBay where now
>> give almost 30% of your gross revenue to a
>> multi-billion-dollar
>> corporation. If people cling to that business model,
>> they will watch
>> their profits dwindle to the level they could make selling
>> stamps,
>> Pokemon cards, or anything other collectible.
>>
>> Embrace the Bessey Speck! ;)
>>
>> Best regards,
>>
>> MikeG
>>
>>
>>
>> On 6/5/11, bill kies <parkforestmet at hotmail.com>
>> wrote:
>> >
>> > Carl, your analogy is so flawed it isn't worth debate.
>> When profits dwindle
>> > it's time to find another business. Welcome to free
>> trade and capitalism
>> > Aziz.
>> >
>> > Bill
>> >
>> >
>> > ----------------------------------------
>> >> Date: Sun, 5 Jun 2011 19:43:16 -0400
>> >> From: cdtucson at cox.net
>> >> To: parkforestmet at hotmail.com;
>> azizhabibi at yahoo.com
>> >> Subject: Re: [meteorite-list] Re : Re : Moroccan
>> business meteorite is
>> >> suffering
>> >> CC: meteorite-list at meteoritecentral.com
>> >>
>> >> Bill,
>> >> Aziz's worries are very real here.
>> >> Yes, in an ideal world you are correct. But,
>> >> Aziz and others make their living buying and
>> selling meteorites. No. you
>> >> cannot eat them but, the same can be said about
>> oil and energy in general.
>> >> These dealers are no better off than oil
>> investors. When hedge funds or
>> >> anyone else corners a market as they have. The
>> market gets controlled by
>> >> them and if you want to stay in business you have
>> to pay the price.
>> >> Remember these hedge funds types have a lot of
>> money. They CAN afford to
>> >> sit on the material until a willing buyer comes
>> along. It is a lose , lose
>> >> situation.
>> >> Market manipulation is very real and until
>> outlawed it will continue to
>> >> put undue pressure on the smaller dealers like
>> Aziz and others. They must
>> >> either pay the asking price or go out of business.
>> Very sad but true. So,
>> >> Aziz must pay the price and hope he can convince
>> others to pay his new and
>> >> inflated asking price. In America the opposite is
>> happening with
>> >> meteorites. EBay has forced the prices down. So,
>> if you make a living with
>> >> eBay you must adjust . If you make a living with
>> Nomads you must adjust.
>> >> Carl
>> >> --
>> >>
>> >> "Democracy is two wolves and a lamb voting on what
>> to have for dinner.
>> >> Liberty is a well-armed lamb contesting the
>> vote".?
>> >>
>> >>
>> >>
>> >> ---- bill kies wrote:
>> >> >
>> >> > Exactly. When the seller demands more than
>> the buyer is willing to pay,
>> >> > the seller either adjusts his prices or keeps
>> his merchandise. Supply
>> >> > and demand is more applicable to necessities
>> than extravagances. None of
>> >> > us can eat meteorites, well, most of us can't
>> or won't.
>> >> >
>> >> > Extremely rare material is an exception I
>> suppose.
>> >> >
>> >> > Bill
>> >> >
>> >> >
>> >> > ----------------------------------------
>> >> > > Date: Sun, 5 Jun 2011 15:08:34 -0700
>> >> > > From: azizhabibi at yahoo.com
>> >> > > Subject: Re : [meteorite-list] Re :
>> Moroccan business meteorite is
>> >> > > suffering
>> >> > > To: meteorite-list at meteoritecentral.com
>> >> > > CC: parkforestmet at hotmail.com
>> >> > >
>> >> > >
>> >> > >
>> >> > > bill
>> >> > > this is not a good theories, at all,
>> >> > >
>> >> > > offer and demand make the rules of
>> prices in the market , there is an
>> >> > > equation
>> >> > > of equilibre between offer and demand ,
>> and also rarity,
>> >> > >
>> >> > > plusieurs facteurs sont responsable de
>> l'equation des prix , offre
>> >> > > demande ,
>> >> > > rarete , type luxe ou nessecite, besoin
>> anssi de suite,
>> >> > >
>> >> > > a plus
>> >> > >
>> >> > > aziz h
>> >> > >
>> >> > >
>> >> > >
>> >> > > ----- Message d'origine ----
>> >> > > De : bill kies
>> >> > > ? : azizhabibi at yahoo.com
>> >> > > Cc : meteorite-list at meteoritecentral.com
>> >> > > Envoy? le : Dim 5 juin 2011, 23h 20min
>> 38s
>> >> > > Objet : RE: [meteorite-list] Re :
>> Moroccan business meteorite is
>> >> > > suffering
>> >> > >
>> >> > >
>> >> > > That's how markets evolve. When
>> suppliers realize the fact that their
>> >> > > unrealistic prices aren't getting them
>> anywhere, they'll loosen up.
>> >> > > It's the
>> >> > > same everywhere.
>> >> > >
>> >> > > Bill
>> >> > >
>> >> > >
>> ----------------------------------------
>> >> > > > Date: Sun, 5 Jun 2011 07:34:29
>> -0700
>> >> > > > From: azizhabibi at yahoo.com
>> >> > > > To: meteorite-list at meteoritecentral.com
>> >> > > > CC: almitt at kconline.com
>> >> > > > Subject: [meteorite-list] Re :
>> Moroccan business meteorite is
>> >> > > > suffering
>> >> > > >
>> >> > > > al
>> >> > > >
>> >> > > > if the meteorite are intersting or
>> unique or new unpaired material
>> >> > > > we pay a
>> >> > > >good
>> >> > > > price , we gamble this is the
>> proper term in hope to find planetary
>> >> > > > meteorite:
>> >> > > > we are lately more gambling than
>> buying meteorite or earth rock that
>> >> > > > look like
>> >> > > > meteorite,we call those suspecious
>> meteorite and many martian and
>> >> > > > lunar come
>> >> > > > from those,
>> >> > > >
>> >> > > > but to the fact that some old fall
>> are in sales now for more than
>> >> > > > what they
>> >> > > > were when found this is also true;
>> >> > > >
>> >> > > > most of the nomade keep there stone
>> because we can't pay the price
>> >> > > > they are
>> >> > > > asking,
>> >> > > >
>> >> > > >
>> >> > > >
>> >> > > > take care
>> >> > > >
>> >> > > > aziz h
>> >> > > >
>> >> > > >
>> >> > > > The question is will dealers pay
>> more if they can't make any money
>> >> > > > on
>> >> > > >specimens?
>> >> > > > Seems like you can buy old falls
>> for as much or less than the new
>> >> > > > stuff coming
>> >> > > > out of the Sahara. Unless it is
>> something like lunar, martain or
>> >> > > > ultra rare
>> >> > > > material specimens. Best!
>> >> > > >
>> >> > > > --AL Mitterling
>> >> > > >
>> >> > > >
>> >> > > > ----- Original Message ----- From:
>> "habibi abdelaziz"
>> >> > > > To: "meteorite list"
>> >> > > > Sent: Sunday, June 05, 2011 8:22
>> AM
>> >> > > > Subject: [meteorite-list] Moroccan
>> business meteorite is suffering
>> >> > > >
>> >> > > >
>> >> > > > > hello all
>> >> > > > > price are high very high, ,
>> there is no more meteorite found like
>> >> > > > > old time;
>> >> > > > > you want to have meteorite in
>> sahara desert you have to pay more ;
>> >> > > > > and more
>> >> > > > and
>> >> > > > > more
>> >> > > > >
>> >> > > > > so simpley and so sadly ;
>> >> > > > > the field are drying , so
>> simple
>> >> > > > >
>> >> > > > > aziz h
>> >> > > > >
>> ______________________________________________
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>> >> > > > >
>> >> > > >
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--

Received on Sun 05 Jun 2011 09:32:21 PM PDT