Hi my friend MikeG and happy New Year!
but ... I sure hope no one takes any investment advice from you!
The quality of the meteorites has less impact on the value than the
supply and demand situation. NWA 482 is expensive because it was doled
it out, like Haag with Esquel and any others of a number of highly
profitable monopolized falls. This one is clearly not price
controllable, it is well-distributed whether desireable or not. The
initial sales were already made at very low price and those are the
guys that are sitting on top of the profit, but that is long gone.
The posts are divided into two groups: the haves and the have-nots.
The haves want to drive up the price to lock in a profit (and if they
bought in at an in-between price, have got to be sweating bullets with
the increase in material mentioned), so every time they open their
mouthes it will be as a strategy to claw up the price in a clueless
market so far. The name of the game for our high octane meteorite
gambling contingent is to buy lower than the other guy, that's all
there is to be done.
And the have nots, some are pissed they missed out and either have sour
grapes, or others who couldn't give a hoot, or ar just happy they don't
have to deal with all this gambling crap this time around. And their
posts will tend to reflect that.
If no one buys more now, in a few weeks the price will crash whether
you are a have or a have not. Doesn't matter what the material is
unless it has a customer base. The people that will set the price are
not the ones that have bought, and not the ones that will wait till the
party is over. They are the ones right now that will pony up hundreds
of thousands of dollars to tide the sources appetites over so they hold
out until the Sun rises and everyone has to go back to work. If that
money doesn't show up soon ...
As for science, science doesn't eat meteorites. With 20 grams most
everything could be figured out except variations among sampling
points. Either way, just because the scientists are salivating like us
doesn't mean all that much more science will be done, and certainly
nothing that 100 grams couldn't handle. I mean - what are the
hypotheses you expect this rock will answer? Not saying there isn't
interesting research to be done, but it's not for every Tom Dick and
Nancy with a lab coat to do. Two top groups will handily characterize
it, and they probably have enough material on the way already.
Next time you think a fresh meteorite will demand lots of money just
look at Allende. The best meteorite of all (and more interesting than
another Shergottite) and for years priced below lots of rap including
common H's and L's.
If there are 10 kilograms, at "only" $100/g, that's $1,000,000.00.
Then, if it gets retailed at $300/g that's $3,000,000 of
capitalization. Are you one of the 10 people ready to plow $100,000
into this? Or do you think that the sale of a micro or oooh, a one
gram specimen for a zillion dollars a gram means anything at all except
marketing posture (Hey look ten kg is worth a zillion becasue I sold
ten milligrams for X)? Because markets have this way of getting out of
control very quickly, and if the monopoly wasn't already established,
the cat can never be shoe-horned back into the bag. Just go buy some
Chergach, Bassi or Dreyga if you don't want to deal with this one.
Probably a better investment anyway. Too much speculation going on
with the Martian at the moment to be anything other than a gamble.
Nothing will be clear on this until the end of Tucson.
Best wishes
Doug
(a have-not)
Don't worry about that, there's a sucker born every minute.
(Chicago gambling hall, Michael McDonald, 1867)
-----Original Message-----
From: Galactic Stone & Ironworks <meteoritem...@gmail.com>
To: Adam Hupe <raremeteori...@yahoo.com>
Cc: Adam <meteorite-list@meteoritecentral.com>
Sent: Sat, Dec 31, 2011 5:46 pm
Subject: Re: [meteorite-list] TKW OF THE TATA MARTIAN
Hi Adam and List,
It's the most important fall of 2011 and of the past 50 years. The
inner cores of these fresh specimens will provide pristine
uncontaminated material for science. This is the freshest Martian and
planetary there is. I imagine demand will be quite high, beyond the
usual frenzy we see at the beginning of all new falls. This meteorite
will surely end up in several journals and that will create an ongoing
demand as new research yields tantalizing clues of the solar system's
past.
This goes far beyond any ordinary chondrite fall and will have more
interest than other Martian material that comes from large paired
finds. Given the planetary status, the freshness, the fact it is
unpaired, and a modest TKW, this new Martian will probably settle down
on the higher end of Martian collector meteorites. If nothing else,
it will compete very favorably against other Martians, much like how
NWA 482 historically fetches higher prices than your "average"
lunaite.
Best regards and Happy New Year!
MikeG
--
*************************************************
Galactic Stone & Ironworks - Meteorites & Amber (Michael Gilmer)
Website - http://www.galactic-stone.com
Facebook - http://tinyurl.com/42h79my
News Feed - http://www.galactic-stone.com/rss/126516
Twitter - http://twitter.com/galacticstone
***************************************************
On 12/31/11, Adam Hupe <raremeteori...@yahoo.com> wrote:
If you believe there is only 6 kilos lying around then perhaps you
should
wait and see how much there really is. Jason just posted that he can
account for between 10-11 kilos which agrees with what I have heard
so far.
I want to know how much there is before acquiring a big chunk for
myself. I
am excited about this new Martian fall and wonder why there is not
much talk
about it like previous ordinary chondrite falls.
Perhaps, everybody could post what they have like has been done for
previous
falls and we can determine if we have a record setter on our hands.
Happy Collecting,
Adam
Like I sadi, I wil lwaitt see how much there really is before
Original Message -----
From: Michael Farmer <m...@meteoriteguy.com>
To: Adam Hupe <raremeteori...@yahoo.com>
Cc: Adam <meteorite-list@meteoritecentral.com>
Sent: Saturday, December 31, 2011 2:09 PM
Subject: Re: [meteorite-list] TKW OF THE TATA MARTIAN
Show me these 11 kg....
I believe what I see and i know of around 6kg.
Michael Farmer
Sent from my iPhone
On Dec 31, 2011, at 3:06 PM, Adam Hupe <raremeteori...@yahoo.com>
wrote:
Wow, the weight popped from just 6 kilos a week ago and is now well
over
11kilos this week and still climbing. I am hoping for a new world
record
so there will be plenty of nice large pieces for collection and study
purposes. Wouldn't that be something? It would be nice if more
images
were posted with accurate weights. It is a sham that both Shergotty
and
Zagami have rounded off weights. Can't somebody afford an accurate
scale
instead of just guessing?
Happy New Year,
Adam
----- Original Message -----
From: rachid chaoui <chaouirachi...@gmail.com>
To: meteorite-list@meteoritecentral.com
Cc:
Sent: Saturday, December 31, 2011 11:07 AM
Subject: [meteorite-list] TKW OF THE TATA MARTIAN
Hello all
all What is exchanged about the TKW of TATA in met list just
rumors
,TATA will not comes to Zagami (18kg) i assume that the TKW will be
betwen 9-10kg, the days come and we'll have the truth
best greetings
--
Rachid Chaoui
IMCA # 4157
______________________________________________
HAPPY HOLIDAYS!!
Visit the Archives at
http://www.meteoritecentral.com/mailing-list-archives.html
Meteorite-list mailing list
Meteorite-list@meteoritecentral.com
http://six.pairlist.net/mailman/listinfo/meteorite-list
______________________________________________
HAPPY HOLIDAYS!!
Visit the Archives at
http://www.meteoritecentral.com/mailing-list-archives.html
Meteorite-list mailing list
Meteorite-list@meteoritecentral.com
http://six.pairlist.net/mailman/listinfo/meteorite-list
______________________________________________
HAPPY HOLIDAYS!!
Visit the Archives at
http://www.meteoritecentral.com/mailing-list-archives.html
Meteorite-list mailing list
Meteorite-list@meteoritecentral.com
http://six.pairlist.net/mailman/listinfo/meteorite-list
______________________________________________
HAPPY HOLIDAYS!!
Visit the Archives at
http://www.meteoritecentral.com/mailing-list-archives.html
Meteorite-list mailing list
Meteorite-list@meteoritecentral.com
http://six.pairlist.net/mailman/listinfo/meteorite-list
______________________________________________
HAPPY HOLIDAYS!!
Visit the Archives at http://www.meteoritecentral.com/mailing-list-archives.html
Meteorite-list mailing list
Meteorite-list@meteoritecentral.com
http://six.pairlist.net/mailman/listinfo/meteorite-list
