How much are stony iron meteorites worth?

When it comes to meteorite from the iron meteorite group, the primary value of these meteorites is their high iron content. Iron meteorites are typically rich in the element iridium, which is an incredibly valuable metal. In fact, meteorites made up of 75% iron and 25% nickel are estimated to be worth around $1 trillion dollars in pure iridium! Of course, the value of a meteorite also depends on other factors. Here, we’ll discuss the different ways meteor

How much are iron meteorites worth?

The value of an iron meteorite can vary widely depending on its size, color, and mineralization. Smaller specimens are sometimes worthless, while larger, heavily magnetized ones can be worth hundreds of thousands of dollars. The best-known magnetized meteorites are those that contain a high percentage of magnetite which is an important natural magnetic material.

How much are stony iron meteorites worth in Canada?

The value of a meteorite depends on the meteorite’s weight, cut, and rarity. Most meteorites are worth just a few dollars, but the biggest, heaviest, and most desirable meteorites can fetch millions.

How much are stony iron meteorites worth in Alberta?

The value of meteorites, precious and otherwise, can vary widely depending on the location, condition and expert opinions of those who value them. Alberta’s stony iron meteorites are mainly of interest to collectors, but companies process the iron for its commercial value. As a raw material, stony iron is useful in making high-grade steel.

How much are iron meteorites worth in Canada?

The price of an iron meteorite is dependent on a number of factors, including its weight, type, color, age, and carat weight. The ideal meteorites for profit are ones that have been certified as iron by a reputable laboratory. The price of certified iron meteorites is more than likely higher than that of an unauthenticated stone.