These sculptures were made in space (and their prices are astronomical)

This year, the market for meteorites has been blasting off.

By Jim Clash 19/09/2018

On the morning of February 15, 2013, near the Siberian town of Chelyabinsk, a meteor with a mass of more than 12,000 tonnes penetrated Earth’s upper atmosphere with a force 30 times greater than the atomic bomb dropped on Hiroshima in 1945. As the large yellow fireball streaked across a chilly blue sky, it emitted tremendous heat and a blinding light far brighter than our Sun. In its wake, it set off a series of sonic booms and a shock wave that broke windows, damaged buildings and injured hundreds of people for miles around. Millions of people have viewed the stunning footage of the event captured by dashboard cameras and posted on YouTube.


Meteorite hunter Geoff Notkin.

As the meteor exploded, it scattered its shattered remains over a vast swath of snowy Russian countryside, littering the landscape with meteorites, which are now available for purchase by collectors. According to Geoffrey Notkin, co-host of the popular Science Channel television show Meteorite Men, most Chelyabinsk space rocks command about US$25 per gram. In fact, Notkin says, he can sell you one from his own Aerolite Meteorites dealership if you’re interested. I know this because I bought a small nondescript specimen weighing 14 grams. Larger, more sculptural pieces command far higher prices, such as an 890-gram bullet-nosed Chelyabinsk that was recently valued at more than US$100,000.

While at present there are no hard statistics on prices and sales growth, it is clear from talking to Notkin and specialists at the auction houses that business is booming in meteorites, no pun intended. Notkin says his company’s workforce has increased sevenfold over the past decade. He estimates that the number of meteorite-selling websites has jumped tenfold during that same time period.

Darryl Pitt, the curator of New York’s Macovich Collection of Meteorites, who works with the major auction houses, says the secondary market is indeed on the move as evidenced by the prices commanded at an online sale at Christie’s this past February. For several days in the run-up to the sale, the auction house had on its website landing page, not a Da Vinci, a Klimt, a van Gogh, or even a Basquiat, but rather an animated film loop of a meteoroid piercing Earth’s atmosphere with the headline “The Art That Fell to Earth.” In addition, Christie’s displayed the space rocks on offer in the foyer of its Rockefeller Center headquarters in New York City.


This slice of a pallasite from Chubut, Argentina, realized US$25,000 at auction.

The two-pronged meteorite marketing strategy, a first for the house, paid off handsomely, generating US$721,550 in sales. James Hyslop, head of science and natural history at Christie’s in London, was particularly pleased with the results. “In 2015, we only brought in US$286,000,” he says, adding that it is likely that the house will hold an annual auction of meteorites every February from now on.

Among the sale’s standout lots was a sculpted 32-kilogram Canyon Diablo iron meteorite from the famous Arizona Meteor Crater, which achieved an online record of US$237,500. “An uncommon smooth metallic surface delimits a somewhat ellipsoidal metallic abstract form,” reads its catalogue description. “Numerous sockets and perforations abound in a very rarely seen proximity. Wrapped in a gunmetal patina with splashes of cinnamon and platinum-hued accents, this is among the most aesthetic iron meteorites known.”

Pitt, who had owned the Canyon Diablo prior to auction, says that a decade ago the meteorite would have fetched just one-tenth of the price, and he predicts that in a few years, the sale of the piece, which likens to a Henry Moore, will be viewed as “a steal.”


A Martian meteorite that was found in the Sahara Desert.

Meteorites of this calibre have found a cult following among celebrities known for their penchant for cosmic inspiration. Musician Sting was given an 40-kilogram shield-shaped Campo del Cielo meteorite for his birthday a few years back. Indian billionaire Naveen Jain, a space entrepreneur once ranked No. 121 on the Forbes 400 list, has a meteorite collection worth north of $5 million. Film director Steven Spielberg, SpaceX and Tesla founder Elon Musk, actor Nicolas Cage, illusionist Uri Geller and cellist Yo-Yo Ma are also rumored to be collectors.

Like many other niche collectibles with passionate devotees, meteorites garner such high prices simply because they are so rare. The world’s entire known inventory, according to Pitt, amounts to less than the annual global production of gold — about 3100 tonnes.

Most space rocks travel from the asteroid belt between Mars and Jupiter and get caught in Earth’s gravitational pull. As they pass through our planet’s atmosphere, they heat up from atmospheric pressure and start to glow. You’ve likely seen “shooting stars” at night, especially during the famous Perseid meteor shower in August. Most meteors, however, burn up well before hitting the ground. Only in rare cases do they survive their fiery entry into Earth’s atmosphere, as was the case with Chelyabinsk.


A rare, 27 kg Campo del Cielo iron meteorite from South America.

Those rare relics that have survived impact come in three basic types: Stony-irons, being the rarest, account for just 3 per cent of the finds; irons represent some 6 per cent; and stones are the most common. A meteorite is always named based on where it’s found. The billions-of-years-old meteorites from a large, 62,000-year-old impact crater near Odessa, Texas, for example, are known as Odessas, while pieces from the 50,000-year-old Arizona Meteor Crater, a scenic mile-wide void near the ghost town of Canyon Diablo, are known as Canyon Diablos. If no specific coordinates are available, a meteorite may be named after a large area instead of a specific town. Meteorites from northwest Africa tend to be known as NWAs.

The Allure of Aesthetics

When it comes to determining market prices for meteorites, Hyslop says, the factors are many and varied, and include shape, size, science, and story — what he calls “the four Ss.” The meteorites that commanded the highest prices in February brought in more because of their stunning shapes and aesthetic appeal, rather than their weights, and are a good indicator of what the market favours. “In the early 1990s, all iron meteorites — irrespective of their aesthetic appeal — were sold by weight,” says Hyslop. “But now sculptural pieces tend to be the most highly prized.”

Some of the most expensive meteorites, however — which come from the Moon and Mars — continue to be sold by weight. At Christie’s, a 58-gram lunar meteorite — NWA 11616, found in Algeria’s Sahara desert — sold for US$22,500. That’s almost US$400 per gram. A 254-gram Martian meteorite, NWA 8656, which contains some of the Mars atmosphere, sold for US$47,500, or US$187 a gram. It too had been found in the sands of the Sahara.

Since lunar meteorites are not part of the Moon rock cache hauled back to Earth by the Apollo astronauts, authenticity may be called into question. However, extensive chemical and composition tests can prove that the origin, indeed, is the Moon. The rocks likely arrived on Earth following an impact from an asteroid or another meteorite on the Moon, which ejected lunar surface material into space, some of it eventually landing here. Similar tests are used to determine the authenticity of other meteorites, including those from Mars.

Another meteorite type prized by collectors is a stony-iron known as a pallasite, the interiors of which contain olivine crystals. They are among the world’s rarest and most beautiful space rocks and are often sold in slices. A 968-gram slice of one found in Chubut, Argentina, for example, found a buyer at Christie’s for US$25,000.

Stellar prices aside, Laurence Garvie, an expert who analyzes meteorites for the Center for Meteorite Studies at Arizona State University (he can tell whether your meteorite is authentic), reminds us that meteorite collecting isn’t only about money. “They’re worth what someone will pay,” he says. “There’s no intrinsic value because they’re just stones. It’s the excitement they engender.” Notkin echoes that sentiment, but says it a little differently. “While many factors determine the monetary value of meteorites, it is critical that we appreciate their great scientific and historic importance,” he says. “Meteorites help us understand how our solar system formed, they have inspired spacecraft designers, and — since most come from asteroids — meteorites are helping signpost us into a future in which asteroid mining sustains space colonies and long-duration missions.”

Pitt, Hyslop and Notkin all agree that a meteorite’s aesthetic appearance — rather than its weight — will continue to dominate the high-end market, yet collectors looking to enter the game can still find specimens from reputable dealers at more reasonable price points. Nice, albeit smaller, specimens of Canyon Diablos, Sikhote-Alins, Odessas and Campo del Cielos, they say, can all be had for under US$1,000 depending on weight and shape.

A good place to start, says Notkin, is by owning irons, which are prized for their sculpted shapes. And, because of their iron-nickel compositions, most are peppered with enticing little craters (called regma-glypts) from partial melting during their fiery trips through the atmosphere.

Three Flavours of Meteorites
Space rocks come in three types: irons, stony-irons, and stones. Here are the basics.

Irons

Meteorite-Irons Photo: Center for Meteorite Studies

Rarity Less than 6 per cent of falls

Chemical makeup Typically 93 per cent iron, 7 per cent nickel

Trait Strong attraction to magnets

Detectability Via metal detectors and sight

Origins The core of asteroids

Notable Find sites Campo del Cielo (Argentina), Canyon Diablo (Arizona), Gibeon (Namibia), Odessa (Texas), Sikhote-Alin (Siberia)

Stony-Irons

Meteorite- Stony-Irons Photo: Center for Meteorite Studies

Rarity Most rare, at less than 3 per cent of falls

Chemical makeup Iron, magnesium, silicon and oxygen

Trait Some magnetism; incredibly beautiful interiors (pallasites may contain olivine crystals)

Detectability Via metal detectors and sight

Origins Often from the core and mantle boundary of asteroids

Notable Find sites Atacama Desert (Chile), Brenham (Kansas), Springwater (Canada)

Stones

Meteorite- Stones Photo: Center for Meteorite Studies

Rarity More than 90 per cent of falls

Chemical makeup Oxygen, silicon, iron and magnesium

Trait May have a weak attraction to magnets

Detectability For the untutored eye, they can be hard to identify because they can resemble terrestrial rocks

Origins The surface of asteroids, moons and planets

Notable Find sites African deserts, Antarctica, Australia, Buzzard Coulee (Canada), Chelyabinsk (Russia), Gold Basin (Arizona), and many other locales.

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Watch of the Week: TAG Heuer Formula 1 | Kith

The legendary sports watch returns, but with an unexpected twist.

By Josh Bozin 02/05/2024

Over the last few years, watch pundits have predicted the return of the eccentric TAG Heuer Formula 1, in some shape or form. It was all but confirmed when TAG Heuer’s heritage director, Nicholas Biebuyck, teased a slew of vintage models on his Instagram account in the aftermath of last year’s Watches & Wonders 2023 in Geneva. And when speaking with Frédéric Arnault at last year’s trade fair, the former CEO asked me directly if the brand were to relaunch its legacy Formula 1 collection, loved by collectors globally, how should they go about it?

My answer to the baited entreaty definitely didn’t mention a collaboration with Ronnie Fieg of Kith, one of the world’s biggest streetwear fashion labels. Still, here we are: the TAG Heuer Formula 1 is officially back and as colourful as ever.

As the watch industry enters its hype era—in recent years, we’ve seen MoonSwatches, Scuba Fifty Fathoms, and John Mayer G-Shocks—the new Formula 1 x Kith collaboration might be the coolest yet. 

TAG Heuer
TAG Heuer

Here’s the lowdown: overnight, TAG Heuer, together with Kith, took to socials to unveil a special, limited-edition collection of Formula 1 timepieces, inspired by the original collection from the 1980s. There are 10 new watches, all limited, with some designed on a stainless steel bracelet and some on an upgraded rubber strap; both options nod to the originals.

Seven are exclusive to Kith and its global stores (New York, Los Angeles, Miami, Hawaii, Tokyo, Toronto, and Paris, to be specific), and are made in an abundance of colours. Two are exclusive to TAG Heuer; and one is “shared” between TAG Heuer and Kith—this is a highlight of the collection, in our opinion. A faithful play on the original composite quartz watch from 1986, this model, limited to just 1,350 pieces globally, features the classic black bezel with red accents, a stainless steel bracelet, and that creamy eggshell dial, in all of its vintage-inspired glory. There’s no doubt that this particular model will present as pure nostalgia for those old enough to remember when the original TAG Heuer Formula 1 made its debut. 

TAG Heuer
TAG Heuer

Of course, throughout the collection, Fieg’s design cues are punctuated: the “TAG” is replaced with “Kith,” forming a contentious new brand name for this specific release, as well as Kith’s slogan, “Just Us.”

Collectors and purists alike will appreciate the dedication to the original Formula 1 collection: features like the 35mm Arnite cases—sourced from the original 80s-era supplier—the form hour hand, a triangle with a dot inside at 12 o’clock, indices that alternate every quarter between shields and dots, and a contrasting minuterie, are all welcomed design specs that make this collaboration so great. 

Every TAG Heuer Formula 1 | Kith timepiece will be presented in an eye-catching box that complements the fun and colour theme of Formula 1 but drives home the premium status of this collaboration. On that note, at $2,200 a piece, this isn’t exactly an approachable quartz watch but reflects the exclusive nature of Fieg’s Kith brand and the pieces he designs (largely limited-edition). 

TAG Heuer
TAG Heuer

So, what do we think? It’s important not to understate the significance of the arrival of the TAG Heuer Formula 1 in 1986, in what would prove integral in setting up the brand for success throughout the 90’s—it was the very first watch collection to have “TAG Heuer” branding, after all—but also in helping to establish a new generation of watch consumer. Like Fieg, many millennial enthusiasts will recall their sentimental ties with the Formula 1, often their first timepiece in their horological journey.  

This is as faithful of a reissue as we’ll get from TAG Heuer right now, and budding watch fans should be pleased with the result. To TAG Heuer’s credit, a great deal of research has gone into perfecting and replicating this iconic collection’s proportions, materials, and aesthetic for the modern-day consumer. Sure, it would have been nice to see a full lume dial, a distinguishing feature on some of the original pieces—why this wasn’t done is lost on me—and perhaps a more approachable price point, but there’s no doubt these will become an instant hit in the days to come. 

The TAG Heuer Formula 1 | Kith collection will be available on Friday, May 3rd, exclusively in-store at select TAG Heuer and Kith locations in Miami, and available starting Monday, May 6th, at select TAG Heuer boutiques, all Kith shops, and online at Kith.com. To see the full collection, visit tagheuer.com

 

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8 Fascinating Facts You Didn’t Know About Aston Martin

The British sports car company is most famous as the vehicle of choice for James Bond, but Aston Martin has an interesting history beyond 007.

By Bob Sorokanich 01/05/2024

Aston Martin will forever be associated with James Bond, ever since everyone’s favourite spy took delivery of his signature silver DB5 in the 1964 film Goldfinger. But there’s a lot more to the history of this famed British sports car brand beyond its association with the fictional British Secret Service agent.

Let’s dive into the long and colourful history of Aston Martin.

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What Venice’s New Tourist Tax Means for Your Next Trip

The Italian city will now charge visitors an entry fee during peak season. 

By Abby Montanez 01/05/2024

Visiting the Floating City just got a bit more expensive.

Venice is officially the first metropolis in the world to start implementing a day-trip fee in an effort to help the Italian hot spot combat overtourism during peak season, The Associated Press reported. The new program, which went into effect, requires travellers to cough up roughly €5 (about $AUD8.50) per person before they can explore the city’s canals and historic sites. Back in January, Venice also announced that starting in June, it would cap the size of tourist groups to 25 people and prohibit loudspeakers in the city centre and the islands of Murano, Burano, and Torcello.

“We need to find a new balance between the tourists and residents,’ Simone Venturini, the city’s top tourism official, told AP News. “We need to safeguard the spaces of the residents, of course, and we need to discourage the arrival of day-trippers on some particular days.”

During this trial phase, the fee only applies to the 29 days deemed the busiest—between April 25 and July 14—and tickets will remain valid from 8:30 am to 4 pm. Visitors under 14 years of age will be allowed in free of charge in addition to guests with hotel reservations. However, the latter must apply online beforehand to request an exemption. Day-trippers can also pre-pay for tickets online via the city’s official tourism site or snap them up in person at the Santa Lucia train station.

“With courage and great humility, we are introducing this system because we want to give a future to Venice and leave this heritage of humanity to future generations,” Venice Mayor Luigi Brugnaro said in a statement on X (formerly known as Twitter) regarding the city’s much-talked-about entry fee.

Despite the mayor’s backing, it’s apparent that residents weren’t totally pleased with the program. The regulation led to protests and riots outside of the train station, The Independent reported. “We are against this measure because it will do nothing to stop overtourism,” resident Cristina Romieri told the outlet. “Moreover, it is such a complex regulation with so many exceptions that it will also be difficult to enforce it.”

While Venice is the first city to carry out the new day-tripper fee, several other European locales have introduced or raised tourist taxes to fend off large crowds and boost the local economy. Most recently, Barcelona increased its city-wide tourist tax. Similarly, you’ll have to pay an extra “climate crisis resilience” tax if you plan on visiting Greece that will fund the country’s disaster recovery projects.

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Omega Reveals a New Speedmaster Ahead of the Paris 2024 Olympics

Your first look at the new Speedmaster Chronoscope, designed in the colour theme of the Paris Olympics.

By Josh Bozin 26/04/2024

The starters are on the blocks, and with less than 100 days to go until the Paris 2024 Olympics, luxury Swiss watchmaker Omega was bound to release something spectacular to mark its bragging rights as the official timekeeper for the Summer Games. Enter the new 43mm Speedmaster Chronoscope, available in new colourways—gold, black, and white—in line with the colour theme of the Olympic Games in Paris this July.

So, what do we get in this nicely-wrapped, Olympics-inspired package? Technically, there are four new podium-worthy iterations of the iconic Speedmaster.

Omega

The new versions present handsomely in stainless steel or 18K Moonshine Gold—the brand’s proprietary yellow gold known for its enduring shine. The steel version has an anodised aluminium bezel and a stainless steel bracelet or vintage-inspired perforated leather strap. The Moonshine Gold iteration boasts a ceramic bezel; it will most likely appease Speedy collectors, particularly those with an affinity for Omega’s long-standing role as stewards of the Olympic Games.

Notably, each watch bears an attractive white opaline dial; the background to three dark grey timing scales in a 1940s “snail” design. Of course, this Speedmaster Chronoscope is special in its own right. For the most part, the overall look of the Speedmaster has remained true to its 1957 origins. This Speedmaster, however, adopts Omega’s Chronoscope design from 2021, including the storied tachymeter scale, along with a telemeter, and pulsometer scale—essentially, three different measurements on the wrist.

While the technical nature of this timepiece won’t interest some, others will revel in its theatrics. Turn over each timepiece, and instead of a transparent crystal caseback, there is a stamped medallion featuring a mirror-polished Paris 2024 logo, along with “Paris 2024” and the Olympic Rings—a subtle nod to this year’s games.

Powering this Olympiad offering—and ensuring the greatest level of accuracy—is the Co-Axial Master Chronometer Calibre 9908 and 9909, certified by METAS.

Omega

A Speedmaster to commemorate the Olympic Games was as sure a bet as Mondo Deplantis winning gold in the men’s pole vault—especially after Omega revealed its Olympic-edition Seamaster Diver 300m “Paris 2024” last year—but they delivered a great addition to the legacy collection, without gimmickry.

However, the all-gold Speedmaster is 85K at the top end of the scale, which is a lot of money for a watch of this stature. By comparison, the immaculate Speedmaster Moonshine gold with a sun-brushed green PVD “step” dial is 15K cheaper, albeit without the Chronoscope complications.

The Omega Speedmaster Chronoscope in stainless steel with a leather strap is priced at $15,725; stainless steel with steel bracelet at $16,275; 18k Moonshine Gold on leather strap $54,325; and 18k Moonshine Gold with matching gold bracelet $85,350, available at Omega boutiques now.

Discover the collection here

 

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Here’s What Goes Into Making Jay-Z’s $1,800 Champagne

We put Armand de Brignac Blanc de Noirs Assemblage No. 4 under the microsope.

By Mike Desimone And Jeff Jenssen 23/04/2024

In our quest to locate the most exclusive and exciting wines for our readers, we usually ask the question, “How many bottles of this were made?” Often, we get a general response based on an annual average, although many Champagne houses simply respond, “We do not wish to communicate our quantities.” As far as we’re concerned, that’s pretty much like pleading the Fifth on the witness stand; yes, you’re not incriminating yourself, but anyone paying attention knows you’re probably guilty of something. In the case of some Champagne houses, that something is making a whole lot of bottles—millions of them—while creating an illusion of rarity.

We received the exact opposite reply regarding Armand de Brignac Blanc de Noirs Assemblage No. 4. Yasmin Allen, the company’s president and CEO, told us only 7,328 bottles would be released of this Pinot Noir offering. It’s good to know that with a sticker price of around $1,800, it’s highly limited, but it still makes one wonder what’s so exceptional about it.

Known by its nickname, Ace of Spades, for its distinctive and decorative metallic packaging, Armand de Brignac is owned by Louis Vuitton Moët Hennessy and Jay-Z and is produced by Champagne Cattier. Each bottle of Assemblage No. 4 is numbered; a small plate on the back reads “Assemblage Four, [X,XXX]/7,328, Disgorged: 20 April, 2023.” Prior to disgorgement, it spent seven years in the bottle on lees after primary fermentation mostly in stainless steel with a small amount in concrete. That’s the longest of the house’s Champagnes spent on the lees, but Allen says the winemaking team tasted along the way and would have disgorged earlier than planned if they’d felt the time was right.

Chef de cave, Alexandre Cattier, says the wine is sourced from some of the best Premier and Grand Cru Pinot Noir–producing villages in the Champagne region, including Chigny-les-Roses, Verzenay, Rilly-la-Montagne, Verzy, Ludes, Mailly-Champagne, and Ville-sur-Arce in the Aube département. This is considered a multi-vintage expression, using wine from a consecutive trio of vintages—2013, 2014, and 2015—to create an “intense and rich” blend. Seventy percent of the offering is from 2015 (hailed as one of the finest vintages in recent memory), with 15 percent each from the other two years.

This precisely crafted Champagne uses only the tête de cuvée juice, a highly selective extraction process. As Allen points out, “the winemakers solely take the first and freshest portion of the gentle cuvée grape press,” which assures that the finished wine will be the highest quality.  Armand de Brignac used grapes from various sites and three different vintages so the final product would reflect the house signature style. This is the fourth release in a series that began with Assemblage No. 1. “Testing different levels of intensity of aromas with the balance of red and dark fruits has been a guiding principle between the Blanc de Noirs that followed,” Allen explains.

The CEO recommends allowing the Assemblage No. 4 to linger in your glass for a while, telling us, “Your palette will go on a journey, evolving from one incredible aroma to the next as the wine warms in your glass where it will open up to an extraordinary length.” We found it to have a gorgeous bouquet of raspberry and Mission fig with hints of river rock; as it opened, notes of toasted almond and just-baked brioche became noticeable. With striking acidity and a vein of minerality, it has luscious nectarine, passion fruit, candied orange peel, and red plum flavors with touches of beeswax and a whiff of baking spices on the enduring finish. We enjoyed our bottle with a roast chicken rubbed with butter and herbes de Provence and savored the final, extremely rare sip with a bit of Stilton. Unfortunately, the pairing possibilities are not infinite with this release; there are only 7,327 more ways to enjoy yours.

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