Archive for Meteorites

What are Meteorites Worth?

By · April 7, 2010 · Filed in Meteorite Terminology, Meteorites, Value of Meteorites · Comments Off on What are Meteorites Worth?

When looking to begin collecting meteorites, many people want to know the approximate value or worth of differing types of meteorites before they purchase or sell their finds. Meteorites have differing values, dependent upon several factors.

Most meteorites are sold by weight, using the metric gram. The average cost to buy one is approximately $1 per gram. It is common to see meteorites priced between $.50 and $2 per gram; however, some have been known to sell for more than that. Rare finds that originated on the moon or Mars may sell for up to $1,000 per gram, depending on some factors.

There are three main types of meteorite classifications. The first, stone meteorites are the most common of all, making up approximately eighty percent of all falls or finds. Stony iron and Iron meteorites are less common, with stony iron making up about 1.5 percent and iron meteorites making up approximately five percent of all falls or finds. The rarity of the meteorite also affects its pricing. Common meteorites cost and sell for less; rare meteorites cost and sell for more.

In addition to the weight, classification, and rarity of the meteorite, there are some important factors that are considered in pricing a meteorite. They include: its place of origin, whether it is well-preserved or not, and how aesthetically pleasing it is to look at, the quantity of the type already available on the market, the meteorite’s historical value, if it is of high interest in the scientific community, and how much money the seller needs to make to cover his or her costs associated with hunting, finding, classifying, and selling of the meteorite. Additionally, its pricing can be affected by the presence of fusion crust and regmaglypts (small “thumbprint”-like indentations, scoops, or ridges on the meteorite). If the fusion crust in present and intact, the meteorite is more valuable. In regards to the regmaglypts, the deeper the “thumbprints,” the greater the value.

To learn more about the value and pricing of meteorites, you can visit these places online:

http://geology.com/meteorites/value-of-meteorites.shtml
http://www.meteorites.tv/content/88-Meteorite-Value
http://www.meteoritesusa.com/how-much-are-meteorite-worth.htm
http://www.articlebase.com/hobbies-articles/how-much-are-meteorites-worth-1687751.html
http://www.auctionbytes.com/cab/abu/y205/m07/abu0147/s06

Here’s to the Perfect Hunt!