Sounds sensible to me.
----- Original Message ----- From: "Michael Farmer" <[EMAIL PROTECTED]>
To: <meteorite-list@meteoritecentral.com>; <[EMAIL PROTECTED]>
Sent: Friday, December 05, 2008 1:22 PM
Subject: Re: [meteorite-list] Ad New Canadian Meteorite for sale


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 <[EMAIL PROTECTED]> wrote:

From: Greg Catterton <[EMAIL PROTECTED]>
Subject: Re: [meteorite-list] Ad New Canadian Meteorite for sale
To: meteorite-list@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
<[EMAIL PROTECTED]> wrote:

> From: Michael Farmer <[EMAIL PROTECTED]>
> Subject: Re: [meteorite-list] Ad New Canadian
Meteorite for sale
> To: [EMAIL PROTECTED], [EMAIL PROTECTED],
[EMAIL PROTECTED]
> Cc: meteorite-list@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, [EMAIL PROTECTED]
> <[EMAIL PROTECTED]> wrote:
>
> > From: [EMAIL PROTECTED]
<[EMAIL PROTECTED]>
> > Subject: Re: [meteorite-list] Ad New Canadian
> Meteorite for sale
> > To: [EMAIL PROTECTED], [EMAIL PROTECTED],
> [EMAIL PROTECTED]
> > Cc: meteorite-list@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,
> > [EMAIL PROTECTED]  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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