[meteorite-list] Astronomical Prices of Meteorites in Korea Still Controversial

From: Michael Farmer <mike_at_meteoritecentral.com>
Date: Wed, 31 Dec 2014 06:50:54 -0700
Message-ID: <E5442BDA-96C5-4FF3-A7A4-C4F592813608_at_meteoriteguy.com>

Ha ha, Robert Ward was there, offered high enough price for chondrite. Government shut him down and put out stupid prices in the news to try and keep him mom being able to pay for them.
Now they reap what they sow, with greedy owners demanding millions of $$$ for them.
It is what they deserve.
Pay up.

Michael Farmer

Sent from my iPad

> On Dec 31, 2014, at 6:37 AM, Mike Groetz via Meteorite-list <meteorite-list at meteoritecentral.com> wrote:
>
> http://koreabizwire.com/astronomical-prices-of-meteorites-in-korea-still-controversial/27193
>
> SEOUL, Dec 30 (Korea Bizwire) ? The 4.5 billion-year-old meteorites
> that fell in Jinju city, South Korea in March 2013 are having a hard
> time entering Korean scientific research circles due to their owners?
> excessive compensation demands.
>
> The Korean Government is attempting to purchase the meteorites for use
> in scientific research.
>
> In March 2013, four meteorites weighing 35 kilograms in total fell on
> a farming site in Jinju. They are as old as the sun, and the first
> meteorites to land on the Korean peninsula in 71 years.
>
> The Korean Government announced that it would buy the meteorites to
> benefit Korean scientific research communities, and to prevent the
> rare celestial objects from being sold to foreign collectors.
>
> However, the current owners of the four meteorites are demanding more
> than 27 billion won (US$ 24.5 million) in compensation. Meteorites of
> 35 kilograms are usually sold for around 180 million won (US$ 163,526)
> on the international market.
>
> The Korean Government offered the owners 350 million won (US$
> 318,041), about twice the going marketprice. While the government?s
> offer was reasonable, the owners have so far refused to accept it.
>
> Meanwhile, a revised bill related to space development law was passed
> in a plenary session on December 29. The revised bill contains
> articles preventing meteorites found in Korea from being taken out of
> Korea, and also the establishment of a meteorite registration system.
>
> Meteorites found in Korea will be registered by the minister of
> Science, ICT and Future Planning, and their status will continuously
> be tracked. The bill will be applied retroactively in the case of the
> Jinju meteorites.
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Received on Wed 31 Dec 2014 08:50:54 AM PST