[meteorite-list] Heritage auction

From: Yinan Wang <veomega_at_meteoritecentral.com>
Date: Sun, 14 Oct 2012 20:50:12 -0400
Message-ID: <CALpO9He0TwFXTvo5TxkzzSdrdvEhe+5kjcfwanyuwXqy7H7bEQ_at_mail.gmail.com>

As I've pointed out before, there are pro's and con's to auctions.

In a well advertised and managed auction, the seller can do amazingly
well, selling things for several times market price, which makes up
for the high sellers fees. But this also means bargain hunters won't
find a thing.

-Yinan

On Sun, Oct 14, 2012 at 9:44 PM, Don Merchant <dmerchan at rochester.rr.com> wrote:
> You can say that again Mike! Not only that add the Buyers fees...you gotta
> be kidding...fees to buy something at an auction. I'll pass.
> Sincerely
> Don Merchant
> Founder-Cosmic Treasures Celestial Wonders
> www.ctreasurescwonders.com
> IMCA #0960
> ----- Original Message ----- From: "Michael Farmer" <mike at meteoriteguy.com>
> To: "Mendy Ouzillou" <ouzillou at yahoo.com>
> Cc: "Meteorite List" <meteorite-list at meteoritecentral.com>
> Sent: Sunday, October 14, 2012 7:07 PM
>
> Subject: Re: [meteorite-list] Heritage auction
>
>
>> $5-10 gram material at highest possible valuation. Suckers born every
>> day:)
>>
>> Michael Farmer
>>
>> Sent from my iPhone
>>
>> On Oct 14, 2012, at 4:16 PM, "Mendy Ouzillou" <ouzillou at yahoo.com> wrote:
>>
>>> COMPLETE TRANSITIONAL SLICE OF SEYMCHAN METEORITE FROM THE COLLECTION OF
>>> TELEVISION'S "METEORITE MEN"
>>> 708g
>>>
>>> Sold for a whopping $43,750!!!!! Over $60/g.
>>>
>>> M
>>>
>>> -----Original Message-----
>>> From: Yinan Wang [mailto:veomega at gmail.com]
>>> Sent: Sunday, October 14, 2012 2:48 PM
>>> To: Mendy Ouzillou
>>> Subject: Re: [meteorite-list] Heritage auction
>>>
>>> Fun to watch! Bad for bargains but it shows how the high end auction
>>> market
>>> works.
>>>
>>> -Yinan
>>>
>>> On Sun, Oct 14, 2012 at 5:45 PM, Mendy Ouzillou <ouzillou at yahoo.com>
>>> wrote:
>>>>
>>>> List,
>>>>
>>>> You should take a look at the prices being realized at the Heritage
>>>> auction
>>>> - Wow! Not many deals to be had and some very high bidding going on.
>>>>
>>>> Mendy
>>>>
>>>> -----Original Message-----
>>>> From: Yinan Wang [mailto:veomega at gmail.com]
>>>> Sent: Sunday, October 14, 2012 9:52 AM
>>>> To: Mendy Ouzillou
>>>> Cc: Meteorite List
>>>> Subject: Re: [meteorite-list] Heritage auction
>>>>
>>>> Very interesting. As a general explanation as to likely why some of
>>>> these have high bids:
>>>>
>>>> - The $312k moon pieces seem to have 1 bid but the reserve may not
>>>> have been met yet. Still, at $175 per gram it may be a good deal if
>>>> you have the money.
>>>>
>>>> - The mask also has 1 bid, probably due to good advertising, although
>>>> the reserve also is not met.
>>>>
>>>> - The Seymchan sphere has over 20 bids!!! People seem to like spheres.
>>>>
>>>> - The NWA 725 doesn't have any bids, it's just the asking starting
>>>> price.
>>>>
>>>> -Yinan
>>>>
>>>> On Sun, Oct 14, 2012 at 12:40 PM, Mendy Ouzillou <ouzillou at yahoo.com>
>>>
>>> wrote:
>>>>>
>>>>> Lot Number:49049 Current Bid:$312,500 FROM THE FAR SIDE OF THE MOON,
>>>>> THE FOURTH LARGEST PIECE OF THE MOON:
>>>>> DAR AL GANI (DaG) 1058 End Piece A: 116 x 231 x 35mm (4.5 x 9 x 1.4
>>>>> inches) and 1096.47 grams (2.42
>>>>> pounds)
>>>>> End Piece B: 116 x 238 x 23mm (4.5 x 9.33 x 1 inches) and 683.19
>>>>> grams
>>>>> (1.50
>>>>> pounds)
>>>>>
>>>>> Lot Number:49079 Current Bid:$130,000 GIBEON MASK - AN INCOMPARABLE
>>>>> IRON METEORITE
>>>>> 9.37 kilograms
>>>>>
>>>>> Lot Number:49023 Current Bid:$8,000
>>>>> SEYMCHAN SPHERE - PALLASITIC METEORITE FASHIONED INTO PERFECT SPHERE
>>>>> 548.4 grams
>>>>>
>>>>> Lot Number:4905 Current Bid:$9,500
>>>>> NWA 725 METEORITE - LARGE COMPLETE SLICE OF VALUABLE WINONAITE
>>>>> 195.28 grams
>>>>>
>>>>> -----Original Message-----
>>>>> From: Yinan Wang [mailto:veomega at gmail.com]
>>>>> Sent: Sunday, October 14, 2012 9:26 AM
>>>>> To: Mendy Ouzillou
>>>>> Cc: Meteorite List
>>>>> Subject: Re: [meteorite-list] Heritage auction
>>>>>
>>>>> Yup, should be fun to watch, they stream it live online when it starts.
>>>>> Which bids are surprising?
>>>>>
>>>>> Also fun to watch (slightly off topic):
>>>>> The Red Bull Stratos skydive happening right now and streaming live!
>>>>> Watch as they attempt a 23 mile sky dive!
>>>>> http://www.redbullstratos.com/live/
>>>>>
>>>>> -Yinan
>>>>>
>>>>>
>>>>> On Sun, Oct 14, 2012 at 12:19 PM, Mendy Ouzillou <ouzillou at yahoo.com>
>>>>
>>>> wrote:
>>>>>>
>>>>>> Anyone following the auction?
>>>>>>
>>>>>> The live bidding does not start until 2:30 pm Central Time today,
>>>>>> but some of the proxy/internet bids so far are REALLY surprising!
>>>>>>
>>>>>> Mendy
>>>>>>
>>>>>>
>>>>>>
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>>>>>
>>>>
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Received on Sun 14 Oct 2012 08:50:12 PM PDT