How Much Does a Piece of Mars Rock Cost?

Posted by on January 18th, 2012

Pieces of Mars (thankfully not Drops of Jupiter) crashed to Earth last year in Morocco. Pieces of the rock are trading for $8,500 per ounce at minimum and $28,350 at max.

To keep that in perspective, Gold is currently trading at $1,650.

The high prices comes because their is so precious little of the substance on Earth at all. In fact, since we’ve known how to look for and identify Martian rock, only 220 lbs. have been found. What’s more, the stuff that crashed last year accounts for 24 lbs. of that.

“It’s pristine material,” (Darryl Pitt, curator of the Macovich Collection of meteorites in New York City) said. “Five hundred dollars and $600 a gram for a freshly fallen chunk of the planet Mars? I’d say that’s a deal.”

Forget a Gold Standard, I want Martian Standard.

[Live Science]

Comments are closed.