[meteorite-list] Moroccan business meteorite is suffering

From: Richard Montgomery <rickmont_at_meteoritecentral.com>
Date: Mon, 30 May 2011 18:18:54 -0700
Message-ID: <79B5FFB7AB81465996285D714867A0D5_at_bosoheadPC>

As a non-dealer and just a casual observer of market trends...this may be a
good spot to mention how the integrity of one of the meteorite-world's most
trust-worthy members just went even further...."to the moon" ...above any
fathomable expectations.

Remember when the recent discussion surrounding the iconic TFL-SMOW release
of NWA5400 was pending O-tope analyses for potential pairings (welcome
NWA6077!)...

I was grandly shocked (an S5 for me) when he saluted those of us who
intitially recognized the rarity of such a meteorite. (For fun, I'm not
mentioning his name...but I bet a majority of you know to whom I refer...)

Yes, the market is changing...yet I never expected it to land in my PObox.

Here's to our passion! G., a Huge thanks (almost spelled it)....:)

Richard Montgomery


----- Original Message -----
From: "Adam Hupe" <raremeteorites at yahoo.com>
To: "Adam" <meteorite-list at meteoritecentral.com>
Sent: Monday, May 30, 2011 12:00 PM
Subject: Re: [meteorite-list] Moroccan business meteorite is suffering


>
> Yes, most Moroccan dealers fail to realize the world economy is in the
> worst
> downturn since the great depression and barely showing signs of recovery.
> For
> example, they are stilling asking $10.00/gram for Eucrites when only
> $5.00/gram
> can be realized on eBay, even after suffering a cutting loss. In the end,
> they
> will find out how tough a market it really is. No amount of hype or press
> will
> bring the prices up on the open market. It is a supply and demand issue.
> Maybe
> once the stockpiles which are dwindling are exhausted the prices will go
> back
> up. Until then, I will be purchasing older U.S. finds which are priced
> most
> reasonably at a few dollars per gram.
>
> Happy Hunting,
>
> Adam
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Received on Mon 30 May 2011 09:18:54 PM PDT