Devoted to the recovery, study, and preservation of new meteorite finds.

Home
Falls
Indian Butte
Their Origins
Types of Meteorites
Identification
Finding Meteorites
Ownership
Authentication
Values
Skip Wilson
Metal Detecting
Arizona Falls
About Me

 

What's Your Meteorite Worth?


Let's assume that your rusty rock is a genuine meteorite...you've found the elusive extraterrestrial needle!  You're probably curious about its value, and you may even browse the internet in pursuit of a ball-park appraisal.

 

Newspapers and magazine are filled with extraordinary claims about meteorite values, sometimes even reporting that meteorites are “worth more than their weight in gold"!  This sensationalism makes for catchy headlines, but in reality meteorites are bought and sold at modest prices that are hardly newsworthy.  After all, more then 44,500 different meteorites have been discovered and many of these samples are readily available to researchers and collectors.

 

In recent years, meteorite hunters have discovered great meteorite concentrations in the African and American deserts.  These discoveries have dramatically increased the supply of meteorites to scientists and collectors, and the new supply has driven the prices of common meteorites downwards.

 

Does your meteorite have value?  Certainly!  Meteorites are challenging to find, and researchers and collectors pay good prices for new specimens.  The cash value of a meteorite depends on three main factors: type, condition, and size. The typical meteorite find (a typical weathered stone) will bring around $100 - $200 per pound. Fresh meteorite falls and rare varieties are much more valuable and will fetch many times that amount. For a given type of meteorite, large pieces are obviously more valuable than small ones but large samples have a lower value per pound due to supply and demand dynamics.  Your lucky meteorite find may not launch you into early retirement, but a 100 pound space rock of the common variety can bring a welcomed $10,000...not bad for picking up a rusty boulder.

 

Meteorite dealers cut meteorites into slices for redistribution.  They necessarily sell their products at higher retail prices in order to profit after cutting losses and other preparation expenses (cutting meteorites results in significant mass loss as material is turned to dust).

 

Finally, it is important to remember that the real value of any meteorite is scientific in nature.  One scientist aptly referred to meteorites as the “poor mans space probe”.  Interplanetary rock collecting missions are expensive and risky by nature, but meteorites conveniently come to us free of charge!

 

© www.MeteoritesWanted.com