[meteorite-list] Ad New Canadian Meteorite for sale

Greg Catterton star_wars_collector at yahoo.com
Fri Dec 5 17:51:33 EST 2008


I see this as being true about the total weight available and thats why I think that the $50 per gram is way too much to pay for this fall. In a few months it will be able to be purchased for a much lower cost. Yes, I do think that the amount of video will add to the price some, but not much more then the typical new falls bring in.
I think the price range given for this fall of between $1 - $10 per gram will be correct as more material becomes available. Its not like there is not alot available as Mike said about the Carancas fall...
That said, I am looking for a sample of this, but wont pay $50 per gram for it.
I for one am looking forward to the hunters trips and will wait until then to make my purchase unless someone offers me a sample at a more reasonable price.


--- 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: meteorite-list at meteoritecentral.com, star_wars_collector at yahoo.com

> Date: Friday, December 5, 2008, 1:22 PM

> This is where pricing becomes difficult. Carancas was an

> extraordinary event. Very little material found, half of

> what was found was dust. $100 gram was a fair price, as I

> sold out at that price in hours.

> The 13 kilo piece of the Canadian fall weighs as much as

> nearly all of the Carancas found. Some pieces sell cheap

> now because people in Peru and Bolivia held too long,

> waiting for more money, while I and others filled up all

> buyers and museums, now there is not the demand because

> everyone already has it.

>

> Canada is a widespread fall, apparently everyone and their

> brother up there has found stones, so they will start

> trickling out. The videos make this fall a must have. I am

> not trying to set a price, just mulling over the last decade

> of falls and the price outcomes and this is where I see it

> ending up. Depends of course on export etc, but Canadian

> government will not spend millions of this chondrite. Tagish

> was a different creature, rarest meteorite almost that ever

> fell.

> We will see, it will take months to get export permits,

> time for TKW etc to firm up and tell us more.

> mike

>

>

>

> --- On Fri, 12/5/08, Greg Catterton

> <star_wars_collector at yahoo.com> wrote:

>

> > From: Greg Catterton

> <star_wars_collector at yahoo.com>

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

> Meteorite for sale

> > To: meteorite-list at meteoritecentral.com

> > Date: Friday, December 5, 2008, 11:15 AM

> > 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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