Hi Darryl.

I was only exploring options when you and Heritage were contacted. It 
is obvious, in my opinion, that they are not up the task of marketing the 
world's best and most valuable lunar 
meteorite (NWA 5000).  
 

I am no longer interesting in offering NWA 5000 at any auction house and 
certainly not in Tucson.  After studying the situation, I have come to 
feel Heritages 40% fees are unreasonable. It is my belief that their 
understanding of planetary meteorites is lacking. Using the same assigned price 
per gram values for NWA 5000 as a 1.8 kilogram 
weathered lunar breccia from Algeria demonstrates a serious lack of 
understanding.



Kindest Regards,


Adam


----- Original Message -----
From: Darryl Pitt <[email protected]>
To: Adam Hupe <[email protected]>
Cc: Adam <[email protected]>
Sent: Saturday, August 4, 2012 11:46 AM
Subject: Re: [meteorite-list] Auction Questions Answered



Hi, 

Your disapproval of the protocols of a large, serious auction house fascinates.

Given the depth of such feelings, I am surprised I received more than a half 
dozen emails from you the past three weeks in your desire to have the NWA 5000 
main mass included in the upcoming Heritage Meteorite Auction…and when I felt I 
had no choice but to pass on  your proposal, you then turned to someone else at 
Heritage---and the consignment was again rejected after multiple solicitations 
were again made. 

Given your note below, can we now expect to see the NWA 5000 main mass in 
Michael Blood's upcoming auction?

d,


Begin forwarded message:

> From: Adam Hupe <[email protected]>
> Subject: [meteorite-list] Auction Questions
> Date: August 3, 2012 11:55:10 PM EDT
> To: Adam <[email protected]>
> Reply-To: Adam Hupe <[email protected]>
> 
> Hi Michael and List Members,
> 
> 
> Your fees seem reasonable to me, especially after checking out some auction 
> houses that charge a 20% seller premium plus a 20% buyer's premium equaling 
> an outrageous 40%.  Then catalog fees are added on top of that figure.  
> Perhaps you can answer a few questions for me?
> 
> Why do some auction houses charge a buyers premium to begin with?  It seems 
> that this practice confuses bidders and is misleading.  I know it confuses me 
> trying to make a quick multiplication in my head during live bidding.  Why 
> should the buyer have to pay this extra amount?  It seems the seller should 
> be pay a straight percentage like most auction sites do including eBay.  When 
> you bid on storage units, houses, cars or what have you, what you bid is what 
> you pay.  Seems pretty straight forward to me.
> 
> Imagine if all businesses added a 20% buyers premium to their products and I 
> am not talking about sales tax. What purpose does it serve?  I believe in 
> simplicity,
> 
> Best Regards,
> 
> 
> Adam
> 

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