- June 18, 2009 - VILLA GROVE, Ill. --
The value of these types of meteorites have recently gone up greatly with GIA’s (Gemological Institute of America) chief gemologist John Koivula, an expert on extraterrestrial and terrestrial gems, stating “In fact, peridot or olivine extracted from pallasitic meteorites is the only matter from outer space that can, and has been, cut and used as a gem“. These type of meteorites are valued by collectors and scientists alike because of the rare amount of Peridot of nearly equal value to the nickle iron found inside the meteorite. This type of meteorite is also highly sought by jewelry artists and in sliced form prices often reach well over $10 a gram, making this a $1,000,000 rock. This specific meteorite was found in 2006 by world famous meteorite hunter Steve Arnold along with the American Museum of Natural History’s Dr. Ebel. Meteorites are the most valuable material on earth and also the rarest material on earth. The massive size and extreme beauty of the meteorite makes it destine for a world renown museum or meteorite collection.
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