Daryl, John, Greg and Adam have all made well reasoned points on why, as Daryl said so succintly, the Tucson auction produced sales prices that were "ANOMALOUSLY" low. The Tucson sale results DID deviate from the norm. They WERE too low and fell out of the averages established by other auctions and private treaty prices.
Accepted appraisal for market value calls for the highest and lowest comparibles to be thrown out of the equation. And that is what should be done with these auctions results. Regards, Count Deiro IMCA 3536 MetSoc -----Original Message----- >From: Darryl Pitt <[email protected]> >Sent: Feb 24, 2011 6:08 AM >To: Greg Catterton <[email protected]> >Cc: 'Meteorite List' <[email protected]>, "John.L.Cabassi" ><[email protected]> >Subject: Re: [meteorite-list] Tucson Auction > > > >John and Greg do indeed have terrific points. > >The issue with Mike's Tucson Auction is that the prices attained are, far more >often than not, anomalously low. I'm not exactly certain why---but several >factors come to mind. To a lesser extent, the same occurred with the Macovich >Auctions at Tucson...was it a decade ago? (Wow.) > >I am all for transparency, but transparency can frequently result in >disinformation if there is no context. And to be clear, I did not state this >was a wholesale event. I suggested that be stated that the auction occurred >at a wholesale marketplace. > >For me, it's precisely because this is not the same as eBay---this is a >traditional auction and its perceived gravitas is far greater---that perhaps >we should be more sensitive to the messages being provided. Just a thought. > > >Nonetheless, I totally get the opposing point of view. > >All best / Darryl > > > > > > >On Feb 24, 2011, at 12:37 AM, Greg Catterton wrote: > >> I have to agree with John 110%. He said about all that needs said. >> One thing I dont understand is why the auction was considered a wholesale >> event, I never understood it to be as such - no more then ebay auctions and >> from what I have read, some prices were just as above "market" as others >> were under. >> >> Greg Catterton >> www.wanderingstarmeteorites.com >> IMCA member 4682 >> On Ebay: http://stores.shop.ebay.com/wanderingstarmeteorites >> On Facebook: http://www.facebook.com/WanderingStarMeteorites >> >> >> --- On Wed, 2/23/11, John.L.Cabassi <[email protected]> wrote: >> >>> From: John.L.Cabassi <[email protected]> >>> Subject: Re: [meteorite-list] Tucson Auction >>> To: "'Michael Blood'" <[email protected]>, "'Richard Montgomery'" >>> <[email protected]>, "'Met. Darryl Pitt'" <[email protected]> >>> Cc: "'Meteorite List'" <[email protected]> >>> Date: Wednesday, February 23, 2011, 10:38 PM >>> G'Day Michael, List and All >>> I'm a little perplexed over this statement. You've got to >>> remember that >>> this was a live auction, many people viewed it, there were >>> a lot of >>> comments made. But why are we trying to hide something >>> here? Aren't we >>> trying to be honest? Not even with the buyers, but with the >>> public that >>> view this list? We're just adding to meteorite buyers / >>> collectors being >>> corrupt. We don't need to hide anything and we don't need >>> to give those >>> that frequent these pages fire power to say that we're not >>> legit. >>> >>> I'm sorry, I disagree with this whole thing. Make it be >>> known, make it >>> be public. That's the only way we're going to move forward >>> from being >>> negative. That's just my thoughts and not anyone >>> else's. But I'm a >>> little concerned about the non-transparency. Bear with me, >>> I'm not out >>> to condone anybody, but give it some thought. >>> >>> Cheers >>> John >>> IMCA # 2125 >>> >>> -----Original Message----- >>> From: [email protected] >>> [mailto:[email protected]] >>> On Behalf Of >>> Michael Blood >>> Sent: Wednesday, February 23, 2011 7:00 PM >>> To: Richard Montgomery; Met. Darryl Pitt >>> Cc: Meteorite List >>> Subject: Re: [meteorite-list] Tucson Auction >>> >>> >>> 1) I responded to Darryl off list. >>> 2) OK, if anyone wants the results, email me OFF LIST. >>> Michael >>> >>> >>> >>> On 2/23/11 6:35 PM, "Richard Montgomery" <[email protected]> >>> wrote: >>> >>>> Darryl makes a monumental point. While, as >>> someone who couldn't >>>> attend the auction, I originally asked the List if >>> there was any way >>>> to know the final-sales-prices of the auction, hoping >>> I could find >>>> them somewhere....Now I suggest that Michael, Capt. >>> Blood, makes them >>>> available only off-list by request to avoid >>> publication in a rogue >>>> journal or hyped newspaper/journal adventure bent on >>> achieving TV >>>> ratings....somehow for those of us who still don't >>> know (I listened to >>> >>>> the whole Ruben-feed but didn't take notes). >>>> >>>> I know that there will be a bunch of posts about >>> this (no pun >>>> intended to our most respected meteoriticist, TB )... >>>> >>>> Kevin K, what do you think? >>>> >>>> Respect intended, >>>> Richard Montgomery >>>> >>>> >>>> ----- Original Message ----- >>>> From: "Darryl Pitt" <[email protected]> >>>> To: "Michael Blood" <[email protected]> >>>> Cc: "Meteorite List" <[email protected]> >>>> Sent: Wednesday, February 23, 2011 5:46 PM >>>> Subject: Re: [meteorite-list] ad >>>> >>>> >>>> >>>> >>>> Michael, >>>> >>>> Please do consider not publicly posting the auction >>> results---or if >>>> you are intent to do so, I urge you to consider making >>> it absolutely >>>> clear the auction occurs at a wholesale marketplace >>> and the prices >>>> attained reflect the same. >>>> >>>> The last thing needed is more confusion for the >>> growing legion of new >>>> buyers who are exasperated in their efforts to >>> navigate the murky >>>> waters of meteorite valuation. >>>> >>>> >>>> Thank you for your consideration. All >>> the best / Darryl >>>> >>>> >>>> >>>> >>>> On Feb 23, 2011, at 7:24 PM, Michael Blood wrote: >>>> >>>>> Finally got everything off - looks like I will >>> survive.....barely. >>>>> Soon to come: Auction >>> results/prices >>>>> >>>>> Here are some goodies: >>>>> >>>>> >>>>> >>>>> HAPPY >>> HUNTING! Michael >>>>> >>>>> All specimens may be seen at: >>>>> >>>>> http://michaelbloodmeteorites.com/Sale.html >>>>> >>>>> >>>>> >>>>> BRENHAM extremely thin sealed in oil in thick >>> plastic. >>>>> This should >>> never rust. Increadable surface area to >>>>> Weight. >>> 18.3g huge = $275 SALE = $175- >>>>> >>>>> DEPORT, Tx. This specimen is the 11th specimen >>> collected >>>>> In the Monig >>> Collection ³1K² (1A sold for $6.5K in the >>>>> auction ($25/g) This 41.37g specimen cost me a >>> considerable amount >>>>> and is available for $600- >>>>> >>>>> CAMPO 7.9Kg (This was by far the best specimen in >>> this weight range I >>> >>>>> saw at the show) and stands nicely on >>>>> One side and >>> also stands upright = $600- Sale= $500- >>>>> >>>>> NWA2737 (Chassignite) Extremely rare 3 sizes: #1 = >>> $35= >>>>> #2 or #3 = >>> $45, #4 = $60 >>>>> >>>>> http://michaelbloodmeteorites.com/Sale.html >>>>> >>>>> >>>>> MILLBILLILLIE thin with exceptional surface >>> area >>>>> #1 = $35 >>>>> #2 = $40 >>>>> #3 = $50 >>>>> >>>>> ODESSA Small specimens a little larger than golf >>> balls. These >>>>> I have not >>> seen in years and only from the person I got them >>>>> From and I >>> got all he had. (Photo shows both sides of each) >>>>> 73.5g = >>> $150- >>>>> 109.6g = >>> $220- >>>>> 112,5g = >>> $225- >>>>> 123.1g = >>> $245- >>>>> >>>>> http://michaelbloodmeteorites.com/Sale.html >>>>> >>>>> >>>>> STANNERN (Eucrite) May 22,1808 Czeck Rep. >>>>> #1 = SOLD >>>>> #2 = $50- >>>>> #3 = $55- >>>>> >>>>> LIBYAN DESERT GLASS Huge speciem >>>>> 752.3g = >>> $1,500- SALE = $850- >>>>> >>>>> http://michaelbloodmeteorites.com/Sale.html >>>>> >>>>> >>>>> CHANGXING China .259g = SOLD >>>>> >>>>> UNIDENTIFIED NWA 2,612.5g Whole Stone. >>>>> 98%+ Fusion >>> Crusted >>>>> = 40c/g = >>> $1,045 SALE = under 29c/g = $750 >>>>> >>>>> HENBURY Nice, small specimens with character >>>>> = $3/g >>> sale = under $2.25/g >>>>> 38.2g = >>> $114- SALE = $85- >>>>> 67.4g = >>> $202- SALE = $150- >>>>> 70.8g = >>> $222- SALE = $159- >>>>> >>>>> TATAHUINE Superb specimen = $65- SALE $50- >>>>> >>>>> http://michaelbloodmeteorites.com/Sale.html >>>>> >>>>> NWA 6355 Lunar Full Slice 14.68g >>>>> See full >>> description of this full slice at: >>>>> >>>>> http://michaelbloodmeteorites.com/NWA6355_14_68g >>>>> >>>>> 14.68g = >>> $700/g (here and elsewhere) = $10,275- >>>>> SALE PRICE: >>> under $550/g = $8,000- >>>>> >>>>> S-A 133.6g = $400- SALE = $275- >>>>> >>>>> CHICXULUB Micro-Tektites from Haiti in Riker >>> Display >>>>> = $40- SALE >>> = $30- >>>>> >>>>> MUONIONALUSTA >>>>> 152g Supurb >>> Etched Full Slice = $1,520- SALE = $750- >>>>> >>>>> See all specimens at: http://michaelbloodmeteorites.com/Sale.html >>>>> >>>>> >>>>> >>>>> -- >>>>> "Teachin' a pig to dance is a waste of time and it >>> irritates the pig" >>> >>>>> Mark Twain >>>>> -- >>>>> 1. Whenever you're wrong, admit it, >>>>> 2. Whenever you're right, shut up. >>>>> Shaquille O'Neal >>>>> >>>>> >>>>> ______________________________________________ >>>>> Visit the Archives at >>>>> http://www.meteoritecentral.com/mailing-list-archives.html >>>>> Meteorite-list mailing list [email protected] >>>>> http://six.pairlist.net/mailman/listinfo/meteorite-list >>>> >>>> ______________________________________________ >>>> Visit the Archives at >>>> http://www.meteoritecentral.com/mailing-list-archives.html >>>> Meteorite-list mailing list [email protected] >>>> http://six.pairlist.net/mailman/listinfo/meteorite-list >>>> >>> >>> >>> -- >>> "Teachin' a pig to dance is a waste of time and it >>> irritates the pig" >>> Mark Twain >>> -- >>> 1. Whenever you're wrong, admit it, >>> 2. Whenever you're right, shut up. >>> Shaquille O'Neal >>> >>> >>> ______________________________________________ >>> Visit the Archives at >>> http://www.meteoritecentral.com/mailing-list-archives.html >>> Meteorite-list mailing list >>> [email protected] >>> http://six.pairlist.net/mailman/listinfo/meteorite-list >>> >>> ______________________________________________ >>> Visit the Archives at >>> http://www.meteoritecentral.com/mailing-list-archives.html >>> Meteorite-list mailing list >>> [email protected] >>> http://six.pairlist.net/mailman/listinfo/meteorite-list >>> >> >> >> > >______________________________________________ >Visit the Archives at >http://www.meteoritecentral.com/mailing-list-archives.html >Meteorite-list mailing list >[email protected] >http://six.pairlist.net/mailman/listinfo/meteorite-list ______________________________________________ Visit the Archives at http://www.meteoritecentral.com/mailing-list-archives.html Meteorite-list mailing list [email protected] http://six.pairlist.net/mailman/listinfo/meteorite-list
