Finding Meteorites = Big Bucks

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<br /><span style="font-family: 'comic sans ms', sans-serif;"><strong>This is something I'm hoping to get into, if I ever get "out there", so to speak. I purchased a fairly decent White's metal detector about a year &amp; a half ago, but I haven't had a chance to get out &amp; use it anywhere other than right here on my own property.</strong></span><br /><br /><br />
 
I remember seeing a meteorite in a BLM office -- a mineral claim was filed and denied on it since it was bigger than the 200 pound limit.&nbsp; I think there was a court case about it, and the&nbsp; BLM won.
 
According to that website,the limit as of 10/01/2012 - on BLM land,is 10 lbs.
 
joey said:
According to that website,the limit as of 10/01/2012 - on BLM land,is 10 lbs.
<br /><br />Might be fun, though, searching for them.&nbsp; Probably the person who finds something larger than 10 pounds will have to decide how to deal with it thereafter.&nbsp; For most it wouldn't be enough of an issue to require a lot of thought.&nbsp;
 
I used to have a metal detector,and found some before,but I didn't know they were worth anything. Most of the fun comes from just being out there and enjoying the outdoors.
 
I just read a recent article about this topic:<a href="http://www.sfgate.com/science/article/Dismissed-rock-a-meteorite-after-all-3982409.php"><br /><br />http://www.sfgate.com/science/article/Dismissed-rock-a-meteorite-after-all-3982409.php</a><br /><br />Excerpt:<br /><div style="text-align: left; background-color: #ffffff; color: #000000; overflow: hidden; text-decoration: none;">Cook is now offering one chip of his meteorite on eBay. It weighs 6.6 grams - about two-tenths of an ounce - and objects like it normally sell for about $100 a gram, he&nbsp;said<br /><br />Read more: <a style="color: #003399;" href="http://www.sfgate.com/science/article/Dismissed-rock-a-meteorite-after-all-3982409.php#ixzz2APxEaHxC">http://www.sfgate.com/science/article/Dismissed-rock-a-meteorite-after-all-3982409.php#ixzz2APxEaHxC</a></div>
 
Interesting that at the Quartzite Gem and Mineral show...there was a booth with about a dozen really good size metal meteorites. My friend Jon B was looking to buy one because as a knifemaker/blacksmith he has people wanting a knife made from the nickle/steel/iron... whatever they are made of... they were pretty expensive alright but not as much as I thought...<br /><br />Also have a friend here who prospects for them, and he said that since the opening of the former Soviet Union states where many are found...there has been a flooding of the market and the value has really dipped....dunno for sure though....<br />Bri
 
At the very end of the article in the link they give the new BLM policies on meteorites which say that you can't sell those you collect unless you pay for a permit to collect to sell. &nbsp;So unless you pay for a permit, finding any with your metal detector is good only as something you can collect. &nbsp;Not sell on e-bay. &nbsp; I swear I just looked this up recently for public lands or federal lands and from what I read any found on federal lands belong to the Smithsonian, although they may pay you a finders fee. &nbsp;There is a lot to learn from meteorites...where it came from, it's composition, etc. &nbsp;I recently attended a lecture by a meteor / meteorite expert and his focus of the lecture was the all sky cameras and the network he belongs to. &nbsp;<a href="http://allsky.ca/index.html">http://allsky.ca/index.html</a>&nbsp; The cameras help them figure out where the meteors might land and they can then search for the meteorites. &nbsp;He works for a museum. &nbsp;It was very interesting. &nbsp;If you are interested in making your own camera there is info here&nbsp;<a href="http://www.cloudbait.com/projects/allskycamera.html">http://www.cloudbait.com/projects/allskycamera.html</a>&nbsp;as well as a lot of other places on the internet. &nbsp;<br /><br />As an aside re the price of meteorites, I went to the recent Trinity Day in New Mexico. &nbsp;I had been told that there was a place that sells trinitite (the radiated rock that resulted from the nuclear explosion). &nbsp;Several days later on my way back from touring around the area, I managed to pass the little rock store out in the middle of nowhere that sells the trinitite... for $30 per gram....the tinest little chip was $20. &nbsp;I passed. &nbsp;Didn't care THAT much. &nbsp;LOL &nbsp;<br /><br />I know that's not a meteorite and this thread is meteorite, but my point is how ridiculous the prices are for these things. &nbsp;Supply and demand I guess (both meteorites and trinitite are scarce -- in the trinitites case thankfully) but still...intrinsically neither is valuable, per se, but I think it's more along the lines of "I have something you don't have" type of valuable, which isn't really value IMO.
 
Hi StarEcho, I was at the Trinity site also. Very weird. I mostly watched the hordes of people and listened in on some very interesting conversations as I was sitting waiting for my friends to finish their viewing the site and area....<br />Bri
 
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