[meteorite-list] Ad New Canadian Meteorite for sale

[Greg Catterton]

I agree 100% on this. $50 per gram is too high, the Carancas for example was $100 per gram at first, now it can be had for under $20 per gram.
I have read several places that it is only valued at $1 - $10 per gram. I will wait a bit myself.

Greg


--- On Fri, 12/5/08, Michael Farmer <meteoriteguy at yahoo.com> wrote:


> From: Michael Farmer <meteoriteguy at yahoo.com>

> Subject: Re: [meteorite-list] Ad New Canadian Meteorite for sale

> To: gmhupe at htn.net, meteoriteplaya at gmail.com, MeteorHntr at aol.com

> Cc: meteorite-list at meteoritecentral.com

> Date: Friday, December 5, 2008, 1:10 PM

> This meteorite will end up with a retail value of ~$10 gram

> or so, give or take a few $ and perhaps $25 gram for small

> stones. There will be a huge amount of this meteorite found,

> the videos show every local schoolkid walking around with

> meteorites, and the real hunting hasnt even started yet. The

> snow is about to fall, putting the meteorite in deep freeze.

> Most of us hunters are talking and planning major hunts for

> springtime when the thaw comes. 

> I forsee at least a few hundred kilos of stones being

> found. 

> Canada will allow export of stones, that wont be a problem

> for a common chondrite, since the government will have

> plenty of material. 

> Kudos to Sonny and McCartney, but the price will not be set

> be a single sale. 

> Michael Farmer

> 

> 

> --- On Fri, 12/5/08, MeteorHntr at aol.com

> <MeteorHntr at aol.com> wrote:

> 

> > From: MeteorHntr at aol.com <MeteorHntr at aol.com>

> > Subject: Re: [meteorite-list] Ad New Canadian

> Meteorite for sale

> > To: gmhupe at htn.net, meteoriteplaya at gmail.com,

> meteoriteguy at yahoo.com

> > Cc: meteorite-list at meteoritecentral.com

> > Date: Friday, December 5, 2008, 10:58 AM

> > Greg,

> > 

> > As I understand, the Canadian law  was put in place to

> give

> > Canadian 

> > Scientists first shot at ALL the grant money  on

> research

> > for any newly found 

> > meteorites in Canada.  

> > 

> > If any  meteorite is allowed outside the Canadian

> borders,

> > it would allow 

> > some other  scientist or institution in another

> country to

> > get that grant money.  

> > In  some cases that grant money could total in the

> tens of

> > thousands or 

> > hundreds of  thousands of dollars.

> > 

> > I am not sure what Canadian Meteorite Researchers 

> earn

> > each year, but their 

> > salaries can't be cheap for their employers.  

> > 

> > So, as long as the physical rock stayed in Canada,

> then no

> > harm can be  done 

> > to the Canadian scientists.

> > 

> > Years ago, I purchased a new Canadian  Meteorite when

> I

> > drove to Canada.  I 

> > gave it to a Canadian collector to  hold for me when I

> > returned to the states 

> > to figure out what I wanted to do with  it.  I then

> sold

> > the ownership of the 

> > rock to another American meteorite  dealer, even

> though the

> > rock always 

> > remained, and to this day it still remains  in Canada.

> > 

> > I would imagine, if this meteorite is indeed an

> ordinary 

> > chondrite, there 

> > will be little research money given to study it.  So

> the 

> > scientists probably 

> > will not be interested in buying much of it, since

> there 

> > will be little to no 

> > return on their investment.  

> > 

> > If there is  100,000 grams eventually found, they

> probably

> > will not want to 

> > pay over $10/g,  or spend $1,000,000 if their grant

> money

> > they will earn would 

> > be less than  $1,000,000.

> > 

> > The reason why the Canadians were willing to pay the

> one

> > guy  $650,000 for 

> > his 650g Tagish Lake, is because they could make so

> much

> > MORE  profit off the 

> > grant money to study that one.

> > 

> > So if any finds from the  Marsden Meteorite are

> submitted

> > for an export 

> > permit, all the institutions in  Canada will get to

> stall

> > for 6 months to 

> > eventually end up saying that they  don't want to

> buy

> > any of them, providing that in 

> > the next 6 months they get more  than enough donated

> to

> > them for free, or if 

> > someone else wants to sell them some  at below market

> > values.

> > 

> > I think the real question to be asked is HOW do  they

> > determine what the 

> > "fair market value" of the meteorites are?

> > 

> > If  Sonny and McCartney can find a buyer for $50 a

> gram,

> > does that then force 

> > the  government to now pay $50/g IF any others are

> found

> > and the finders 

> > choose to  request the export permit, and a Canadian

> > institution would to buy them 

> >  first?   If Sonny or McCartney do not sell all of

> their

> > finds at their  

> > asking price of $50/g, maybe they could put one of

> their

> > finds up on Ebay, with  

> > the stipulation that the rock will NOT be shipped out

> of

> > Canada, then Canadian  

> > bidders could help establish the retail value.  Of

> course,

> > a foreign buyer  

> > could bid and own it, even though they would not take

> > actual physical 

> > possession  of it.  

> > 

> > As I said before, IF the Canadian government is more

> than 

> > willing to pay a 

> > true fair market value on all found meteorites, then

> this

> > is  wonderful.  It 

> > will encourage many people to go out and find

> meteorites in

> >  Canada knowing 

> > there is a reward waiting for their finds

> > 

> > Steve  Arnold #1

> > www.SteveArnoldMeteorites.com 

> > 

> > 

> > 

> > 

> > 

> > 

> > In a  message dated 12/5/2008 11:15:11 A.M. Central

> > Standard Time, 

> > gmhupe at htn.net  writes:

> > Hello Mike, Mike and List,

> > 

> > Doesn't the Canadian government  have first right

> of

> > refusal on any meteorite 

> > sales/purchases? I thought I  read from one of our

> Canadian

> > List members that 

> > only after the Canadian  government, museum or such,

> has

> > opted not to 

> > purchase a meteorite, then the  "land owner"

> has

> > the right to sell the 

> > meteorite(s).

> > 

> > I'd like to hear  from our Canadian friends to see

> if

> > there is a clear 

> > definanition of the  Canadian law regarding this.

> > 

> > Best regards,

> > Greg  

> > 

> > **************Make your life easier with all your

> friends,

> > email, and 

> > favorite sites in one place.  Try it now. 

> >

> (http://www.aol.com/?optin=new-dp&icid=aolcom40vanity&ncid=emlcntaolcom00000010)

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