...for the price of a Ferrari!

 


http://www.chait.com/asp/fullcatalogue.asp?salelot=NH1205+++134+&refno=++133235&image=0
 


..."Estimate $200,000-300,000"

 

Cheers,

Pete

> Date: Fri, 23 Mar 2012 14:54:17 -0700
> From: countde...@earthlink.net
> To: mexicod...@aim.com; meteoritem...@gmail.com; 
> meteorite-list@meteoritecentral.com; meteorite-list@meteoritecentral.com
> Subject: Re: [meteorite-list] Auction Kings meteorite - $2000 Sikhote Alin
> 
> Hi List,
> 
> Most auctioneers and auction bidders wouldn't be able to tell a meteorite 
> from a charcoal briquet. I think the rock in question sold cheap. The seller 
> could have put $2,000 as the reserve and those bidders would have slugged it 
> out to an even higher figure. Why do I say that? Because what they did proved 
> They didn't know market prices, so they were being motivated by mystique, the 
> Public misconception of value due to popular media BS... and finally...good 
> ole competition between each other. Seen it happen a hundred times. It will 
> keep happening until we screw it up by flooding the small auction houses with 
> meteorites and telling everyone when they have paid too much. 
> 
> And if it bothers you to see someone pay more for something than you would. 
> Then ask yourself...Am I upset because I could have been the seller and made 
> that killing? Or am I upset because somebody made a bad buy? I thought so. 
> 
> Regards,
> 
> Count Deiro
> IMCA 3536 
> 
> 
> -----Original Message-----
> >From: MexicoDoug <mexicod...@aim.com>
> >Sent: Mar 23, 2012 12:43 PM
> >To: meteoritem...@gmail.com, meteorite-list@meteoritecentral.com
> >Subject: Re: [meteorite-list] Auction Kings meteorite - $2000 Sikhote Alin
> >
> >Mike G wrote:
> >
> >"He opens it and brings out a Sikhote Alin shrapnel about the size of a 
> >grapefruit."
> >
> >"I'd guess the piece would sell on the meteorite market or eBay for 
> >about $250-$300. The owner's desired price of $1000 seemed unrealistic 
> >to me."
> >
> >Mike, very entertaining! I think I will start meteorite hunting on 
> >eBay. I sure would be easier than in the field if what this is true. 
> >A Sikhote the size of a grapefruit, if we use the United States 
> >Department of Agriculture's (USDA) definition for an average pink 
> >grapefruit size, is ...
> >
> >3.61 kg.
> >
> >So less eBay and paypal commissions, we must be receiving $218 for 
> >these Sikhote grapefruits, because we have an addiction to giving stuff 
> >away on eBay. ;-)
> >The problem with "I caught a fish and it was *this big*" is you are 
> >building a story around a supposition you have made, when in fact $1000 
> >may have been a reasonable offering price for the meteorite, or it may 
> >not have.
> >
> >Do you think 2.29 kg Campo for $749 is a better deal?
> >
> >http://www.galactic-stone.com/product/campo-del-cielo-iron-meteorite--big-centerpiece-specimen-229kg
> >
> >" and a bunch of people who don't know jack about meteorites"
> >
> >???: huh? What does an isolated sales price have to do with knowing 
> >about meteorites?
> >
> >Kindest wishes
> >Doug
> >
> >
> >
> >
> >
> >
> >
> >-----Original Message-----
> >From: Michael Gilmer <meteoritem...@gmail.com>
> >To: meteorite-list <meteorite-list@meteoritecentral.com>
> >Sent: Fri, Mar 23, 2012 10:38 am
> >Subject: [meteorite-list] Auction Kings meteorite - $2000 Sikhote Alin
> >
> >
> >Hi Folks,
> >
> >So last night I was going through the channel guide on cable TV and I
> >saw that a show called "Auction Kings" was going to have a segment
> >featuring a meteorite. I had never watched this show before, but I
> >was very curious to see what type of meteorite would be shown.
> >
> >Apparently, the show is about a local auction house somewhere (not
> >sure where). People bring in unusual items and the auction house
> >sells them at open auction while the cameras follow the action.
> >
> >The meteorite segment came and here is where the fun begins....
> >
> >This guy walks in carrying a Pelican-style case about the size of a
> >camera case. He opens it and brings out a Sikhote Alin shrapnel about
> >the size of a grapefruit. The meteorite had a nice patina, but the
> >shape was not very interesting or sculpted. In other words, it was
> >what most of us would call a "lump", but it was obvious from the
> >appearance that it was a genuine Sikhote.
> >
> >First, the auction house guy was impressed because the meteorite had a
> >certificate of authenticity. I thought this was laughable for obvious
> >reasons and a man who runs an auction house should know that 99% of
> >COA's are not worth the paper they are printed on. I can go outside,
> >grab a rock from my driveway, and print up an official-looking COA for
> >it.
> >
> >Next, the owner proceeds to demonstrate that the meteorite is
> >"magnetic" because a magnet will stick to it and that is one of the
> >key tests to determine if a meteorite is genuine. I'll skip comment
> >on this misconception and use of improper terminology because the real
> >kicker was still to come.
> >
> >So the owner tells the auction house that he is hoping to sell the
> >meteorite to help pay for a vacation to Paris and he wants $1000 for
> >it.
> >
> >Ok, at no point in the show was the weight of the specimen ever
> >mentioned. So without knowing the weight, it is difficult to assign
> >to solid value to the piece. But judging by what I saw (apparent size
> >and shape), I'd guess the piece would sell on the meteorite market or
> >eBay for about $250-$300. The owner's desired price of $1000 seemed
> >unrealistic to me, but this is television and a bunch of people who
> >don't know jack about meteorites, so anything is possible.
> >
> >The auction part comes, and they have a nice turn out with maybe two
> >or three dozen potential bidders in attendance. The meteorite ignites
> >a bidding war and the final price for the piece was.....(*drumroll
> >please*)...... $2000! And the buyer was thrilled because he thought
> >he got a good deal. Of course, once he gets home and does some
> >Googling to learn more about his new meteorite, he might change his
> >mind about the deal he got. He could have went on eBay and bought a
> >half-dozen Sikhote shrapnels of that size for $2000.
> >
> >So the moral of this story is - if you have a local auction house near
> >you, go down there with a meteorite and you might be pleasantly
> >surprised how much money it will fetch. I'm opening up the yellow
> >pages today and/or getting on the internet and see what kind of
> >auction houses we have here in the Tampa area. I'll be more than
> >happy to offer them all the $200 stones and irons they want, as long
> >as they fetch $2000 each. Heck, even after the auction house takes
> >it's percentage, that is still a great deal for the seller.
> >
> >And the best part is, once the buyer gets home and finds out he/she
> >got burned on the price, they cannot get mad at the seller, because
> >they are the ones who bid the item up.
> >
> >Dealers - check your local auction houses.
> >
> >Best regards,
> >
> >MikeG
> >
> >--
> >-----------------------------------------------------------
> >Galactic Stone & Ironworks - MikeG
> >
> >Web: http://www.galactic-stone.com
> >Facebook: http://www.facebook.com/galacticstone
> >Twitter: http://twitter.com/GalacticStone
> >RSS: http://www.galactic-stone.com/rss/126516
> >-----------------------------------------------------------
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