Moon rocks, chunks of Mars auctioned in New York

NEW YORK Sun Oct 14, 2012 9:56pm EDT

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NEW YORK (Reuters) - Meteorites from Mars and the biggest piece of the Moon ever offered for sale went on the block on Sunday in New York in what organizers billed as history's largest meteorite auction, which brought in over $1 million.

More than 125 meteorites were offered in the private sale, from gray pockmarked lumps of iron to highly polished slabs glittering with extraterrestrial gems. But many of the big-ticket items, estimated to sell for $50,000 or more, did not find buyers.

The most expensive items on offer were four pounds (1.8 kg) of Moon rock that were once embedded on the dark side of the Moon before an asteroid sent them hurling into space. They sold for $330,000 after the auction's end. The rocks went for $10,000 less than the low-end, pre-sale estimate, organizers said.

The most hotly contested lot was a slice of the Seymchan meteorite, pieces of which were found in Siberia in the 1960s. The 9-inch-tall (23-cm-tall) slice, embedded with olivine crystals, went for $43,750, about 12 times its estimated sale price.

Items that failed to sell included a large fragment of the Tissint meteorite of Martian origin that fell in Morocco last year, and an iron meteorite resembling a howling face that was found in the Kalahari Desert in southern Africa. It was valued at $175,000 to $225,000.

Meteorites are priced for their size, rarity, beauty and provenance. Some items sold for as little as a few hundred dollars.

"We wanted to make certain there's something for everyone. We want to be egalitarian when we're offering outer space," said Darryl Pitt, the meteorite consultant for Heritage Auctions, which conducted the sale.

Buyers are typically willing to pay more for bits of rock or iron known to have originated on the Moon or Mars. Lunar meteorites are particularly rare, he said, with only about 135 pounds (61.2 kg) of the rock known to exist on Earth.

"It is the oldest material mankind can touch, the raw ingredients of the planets," Pitt said in describing the appeal of collecting meteorites.

One buyer, who asked not to be named, spent tens of thousands of dollars in several successful bids, including one for a Martian meteorite. He said he was taking instructions from a copy of the auction catalog heavily annotated by his meteorite-loving wife.

While one iron meteorite weighed in at nearly 1,600 pounds (725 kg), several other lots featured flecks of rock about the size of a nickel.

A piece of the so-called Peekskill meteorite, which was caught on camera 20 years ago burning through the sky before smacking into a Chevy Malibu in New York, sold for $16,250.

One buyer paid $1,375 for a piece of stone involved in the only documented fatality caused by a meteorite when it crashed down in 1972.

"It was a cow," auctioneer Ed Beardsley said. "It was pulverized. It was quick."

(Editing by Barbara Goldberg and Stacey Joyce)

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Comments (1)
BlueOkie wrote:
We auction off moon rocks but won’t lease land to drill on? Little have we learned about tree huggers

Oct 15, 2012 10:39am EDT  --  Report as abuse
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