Is a meteorite a good investment?
Meteorites are best bought for interest and enjoyment, not as investments. Prices vary, the market is small, and selling can be difficult.
Some people buy meteorites hoping their value will rise. It is wise to be cautious.
Why meteorites are not a reliable investment. - Supply changes. Large numbers of meteorites have been found in deserts since the 1990s. When a big find enters the market, prices for that type can fall. - Small market. The meteorite market is specialised, with relatively few buyers. Selling quickly may mean accepting a lower price. - Dealer margins. The difference between buying and selling prices can be large. - Authenticity and provenance. Buyers increasingly expect clear documentation and legal export. Specimens without these may be hard to sell. - Condition. Rust and damage reduce value, so poor storage can destroy value. - Legal risks. Changes in laws about meteorite ownership and export can affect the market.
What tends to keep interest. Historically important falls, rare types, well-documented specimens with clear provenance, beautiful pieces such as pallasite slices and oriented individuals, and specimens from famous collections tend to remain sought after. But past demand does not guarantee future value.
A better approach. Buy meteorites that interest you, from reputable sources, at prices you are comfortable with. Enjoy learning about them. Treat any rise in value as a bonus.
Advice. For significant sums, get independent advice and compare offers. Be wary of anyone promising high returns or pressuring quick decisions. Never buy meteorites with money you cannot afford to lose.