Michigan India Community Blog

A Community Resource for Indians in Michigan

Tuesday, June 10, 2008

India trumps Michigan?

India Trumps Michigan at least in the world of extraterrestrial art (via MLIVE)
A 75-pound nickel-and-iron meteorite resembling Michigan's Lower Peninsula sold at auction Sunday for $20,000, less than its expected price of $32,500 to $40,000.

Michigan native Darryl Pitt, the meteorite's owner, says he was disappointed by the low price. He says the anonymous buyer got a bargain. Pitt believes the space rock is worth $50,000.

Another nickel-iron meteorite, which weighs three-quarters of a ton and resembles the Indian subcontinent, sold at the same auction for $90,000.

Pitt says there was "greater interest" in India than in the Great Lakes State at the auction, held at Heritage Auction Galleries in Dallas.
Now wait a second Mr. Pitt. You got $20,000 for a 75 lb Michigan shaped meteorite item which is $266.67/lb and the Indian Sub-Continent shaped Meteorite weighing 1680 lbs fetched $90,000 which is $53.58/lb. So who got a better deal?

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