G'Day Stuart and List
My sentiments entirely, but I'm afraid you're going to have to run the
gauntlet. All the miracles for this year have been used up :-)
Cheers
John
IMCA # 2125
-Original Message-
From: meteorite-list-boun...@meteoritecentral.com
David is so right when he says We are not entitled to a certain price.
This thread has drawn some pretty inane comments. Most are based on the
question of why buyers have been unsuccssful in influencing sellers to offer
their meteorites at lower prices. Particularly fresh offerings.
What
List:
What if during the next fall nobody pays the $100/gm price, then it will come
down until people buy it. I know that will be hard to do, but the consumer can
dictate the price. Although, there is the chance the sellers will not sell for
less, then they have to keep them... the price
Hello Listers,
I have noticed with the Livingston WI meteorite Fall in April that the prices
were at a good high, well over $100 a gram for the first month being sold on
eBay and alike. And then a rush happened over night with a few sellers on eBay
and the meteorite market and it was mayhem.
This should be no surprise. Prices rise while the hunt is on and crumble after
the attention subsides. That is when you should buy, IMO, if you want the best
prices. They will stabilize over the next few months, then rise again after all
the material is gone. It happens nearly everytime.
Matt
Hi Shawn and List,
Perhaps I am off-base here, but I think we are witnessing (in part) a
dynamic of collecting meteorites.
New collectors are steadily entering this field/hobby and those who
stay will mature and learn. Their knowledge of meteoritics,
collecting, and the market will increase
I don't see any difference between WI and Ash Creek. Ash Creek was over 100/g
right after the fall, and can now be had for 20/g. The laws of economics never
change.
Matt
Matt Morgan
Mile High Meteorites
http://www.mhmeteorites.com
P.O. Box 151293
Lakewood, CO 80215
The tkw and number of stones recovered from WI are significantly
smaller than those of Ash Creek, so prices are likely to stay fairly
high, but...it's a fall like any other, so the price will likely
deflate once the typical frenzy fades.
I'm still trying to figure out why the price jump occurred,
Hi Matt,
Ash Creek for $20/gram? I'll start saving my nickels now and in a few
weeks, I'll take a 2-gram piece for $40. :)
Best regards,
MikeG
On 7/1/10, m...@mhmeteorites.com m...@mhmeteorites.com wrote:
I don't see any difference between WI and Ash Creek. Ash Creek was over
100/g right
That never made much sense to me. I suppose it might be the influx of
new collectors, but...even so. I have the feeling that it really does
have to do with the fact that more smaller-time dealer/collectors have
been going out for each fall, finding fewer stones per person. Then,
when they get
List:
I think it boils down to supply/demand. In recent years (perhaps the last 5 or
so) there have been many new collectors - myself included, so the demand has
increased. Then there is the supply side. Well with these recent falls,
dealers and hunters have been selling the falls (Ash
Hello MikeG,
Maybe you don't mean it, but your post implies that those that don't wait
for some kind of price drop are inexperienced, impatient, or naïve. This
couldn't be further from the truth. Many of those that purchase immediately
are just the opposite - experienced, long-time collectors. It
Hi Mike and List,
No, I did not mean that first buyers are all inexperienced or
impatient. Some are. Some are not. We all have different reasons
for acquiring certain meteorites and the first on the block
mentality appeals to many. If money was no concern for me, I would
all sizeable
MikeB:
I agree: I think many people that wait are the long time experienced
collectors, trying to get the most for their buck. I think however, there's
something about having one of the most fresh (complete stones) or even a hammer
from a highly publicized fall like WI. If you have the
MikeG wrote: The TKW is vastly different, but TKW should not be a factor in
a fall being considered historical.
I think you mean historic, but I said nothing about TKW meaning something
was historic or that Buzzard was not significant.
In the end, I think this is all being overanalyzed to death.
In the end, I think this is all being overanalyzed to death. There is no
magic formula for determining what the price is going to do. Did the price
go down on Puerto Lapice, or Villalbeto de la Peña, or Daule, or
Leighlinbridge? I bet many wish they did not wait for prices to fall on
those.
The WI fall was a strange one. I think too many people were trying to get rich
of others.
Before anyone comes at me with the numbers of the trip, I know and I
understand, but at the same time, it can be done for much less.
When I see reports of the landowners selling the stones for less then
Greg and Listers
Greg I am kinda confused by your statement about how much you sold your WI
meteorite falls for on eBay when you said this.
'I dont like the trend with new falls and the prices that go with them, its
taking advantage of collectors. Thats the whole reason I sold my WI
That was on ebay after I had offered it to metlist members at $60 per gram.
To be honest, some paid less then $40 per gram who have been good customers of
mine.
Once I filled the requests on here, yeah I did try to cash in a little bit on
ebay, but keep in mind about 18% of the cost went to
Again, it is a matter of supply and demand and whether an individual collector
is willing to pay the price. The TKW for the WI fall is currently low, but that
wasn't known when the $100/gm prices were being charged. Reports that the
material was being bought from landownwers at $10/gm or less
Hey Greg,
Back in the 1990s I was told by a friend who runs a number of successful
software businesses some sage advice. You charge what your product is worth,
not what it costs.
One reason I like buying meteorites on ebay is because the gavel prices reflect
what the market is, not what
Greg C wrote: When I see reports of the landowners selling the stones for
less then $10 per gram (I know of several who would not pay more the $3 per
gram!)and then see them selling it for $100/g or more, thats just too
much...
What a hunter or dealer pays for a meteorite in the field is
In my book:
Every stone is worth what I paid for it, and all my finds are priceless.
I spent 5 days in WI and came up empty, but had a blast - even my feet where
covered with blisters. But I marched on; I loved every minute of hunting.
Greg S.
From:
Hopefully this topic won't go down hill like some others have recently. I
have been sitting back just reading for a long time and not saying much but
I would like to add a comment. I guess it would be in Greg's defense but I
remember back when the first pieces of the WI fireball hit ebay there
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