These Auction Items Are Out of This World. No, Really.

After an immeasurable journey through time and space, a craggy gray rock fell to Earth, landing in the Sahara. No one saw it fall, and no one knows how long it lay in the sand before it was found three years ago by a nomad.

“It could have been 500 years ago, it could have been 5,000,” said James Hyslop, head of the science and natural history department at Christie’s, which plans to offer the rock for sale at its next online meteorite auction, tentatively scheduled for later this month.

It is a piece of the moon, and its recent journey here on Earth — from Northwest Africa to Christie’s in New York, where it and more than 40 other meteorites are expected to be part of the sale — charts the changes in the market for a rare and exotic class of collectibles: rocks that came from outer space.

“The number of collectors is definitely growing,” Mr. Hyslop said, “but the number of meteorites is not.”

Some of those — reminiscent of sculptures by Henry Moore and Umberto Boccioni and Alberto Giacometti — were in an auction at Phillips in 1995 that helped ignite this market. Mr. Pitt was later a consultant to Bonhams, Heritage and Christie’s when those auction houses entered the meteorite market. Several of his meteorites are in the Christie’s auction.

“These things are going to be looked at for their aesthetic quality as much as for what their inherent value is based on their scientific importance,” said Craig Kissick, director of nature and science at Heritage in Dallas, which sells several hundred meteorites each year through auctions and weekly sales. Its highest sale topped $300,000. “I am comfortable that there is an active market for meteorites in that several-hundred-thousand-dollar range.”

That’s the range for the Sahara meteorite that is the marquee attraction in the Christie’s auction, with a presale estimate of $300,000 to $500,000. It weighs about three pounds and looks like a miniature moon, but it didn’t fall to Earth that way. It was once part of large chunk of the moon that was blasted into orbit by an asteroid strike and that shattered into pieces when it hit Earth’s atmosphere and scattered across hundreds of miles of what meteoricists call a “strewn field” in Mauritania, Western Sahara and Algeria.

Since it was discovered in 2017, that field has, according to Mr. Pitt, almost doubled the world’s supply of lunar meteorites, which stands at about 1,500 pounds. (From 1969 to 1972, the NASA astronauts brought back about 900 pounds of lunar material, which is illegal for private citizens to own.) One of those pieces was then hewed into what Mr. Hyslop called “likely the largest lunar sphere that will ever be made.”

source: nytimes.com