How do I know what a Meteorite that was certified by a university is worth?

[easom]

I am co-owner of a 600 plus pound white stoney meteorite. It has been tested and given a name and a number from some college in arizona. I dont think it has a lot of metal in it. At least it isnt magnetic. I will get a pic of it in a few days. Anyway let me know how to get it priced because I would rather find it a new home because it is fairly hard to transport. CODY

 

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[paseclipse]

If it isn't magnetic then there's a good chance it isn't a meteorite. 99.999% of meteorites are magnetic.

 

[DanB]

I have seen some meteorites sell for $10 a gram at the rock shows in Quartzite AZ.


OH-YEA that SOME college is ASU UNIVERSITY in Tempe Az . The lady that heads the department will look at all so called meteorites on the last Fri of every month. Sorry I can,t remember her name off of the top of my head.


db

 

[trish76642]

Jim Penix of Mineral Hunters has a Meteorite Gallery in Dallas Tx, you should do a google search and send him a picture. I'm sure he will be glad to help you.
Also Monnig Meteorite Gallery in Forth Worth Tx. Teresa Moss is the director of the Gallery, it is located on the campus of the Texas Christian University.

 

[gilmerman]

Would like to see a photo it sounds authentic.

 

[*Molly*]

Yeah lets see it.

 

[trish76642]

Robert Haags the big Meteorite Honcho. Send him a picture and a copy of your paper showing its authentication. You can go to his sight and email him about your rock, he'll help you out on the value.

http://www.meteoriteman.com/

 

[*Molly*]

Thanks for the link Trish.

Molly.

 

[SteveArnoldMeteorites]

Congratulations on your find.

Meteorites are subject to supply and demand forces as to their values.

Science only needs a couple of grams to do all the work they need on the meteorite. If you donated some to be tested by a reputable research facility, then science probably has all they will ever need of your rock, so to science, the financial value is very low.

This leaves you to sell to the commercial market.

There is a strong demand for a few pounds of your meteorite at a fair normal price, then the rest you will not find a buyer for, as there is no one else in the world interested in buying them.

You could choose to price your rock at a lower than a fair price, and collectors will buy bigger pieces than they normally would because you are selling it at such a low price.

Or, you can choose to sell the rock to a meteorite dealer, who will buy it at a very low price, they will then invest the time and money to have it cut up. They will sell some to collectors, they will trade some with institutions that will part with other meteorites they have in their inventory that are surplus, and the dealers will trade some with other dealers that have surplus of other specimens in their inventory.

Now, to determine what the fair retail value is on your rock, we need to know what TYPE of meteorite the testing proved it to be. Without the documented 3rd party classification, no one will risk any money on buying it as there is too much uncertainty.

I hope this helps?

Steve

 

[pippinwhitepaws]

tucson gem and mineral show is coming up in feb.
if you want a market price for that stone, go to tucson.

 

[SteveArnoldMeteorites]

I agree, take the rock to Tucson in February.

Give yourself 5 or 6 days to visit all the meteorite dealers there, and get your quotes from them. Be sure to bring your certification papers from the college.

This will give you a real good idea what the wholesale value will be.

Steve