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Largest Piece of Mars On Earth Fetches $5.3 Million At Auction

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3 months 2 weeks ago
At Sotheby's Geek Week auction, the largest known Martian meteorite on Earth sold for a record-breaking $5.3 million. The Associated Press reports: The 54-pound (25-kilogram) rock named NWA 16788 was discovered in the Sahara Desert in Niger by a meteorite hunter in November 2023, after having been blown off the surface of Mars by a massive asteroid strike and traveling 140 million miles (225 million kilometers) to Earth, according to Sotheby's. The estimated sale price before the auction was $2 million to $4 million. The identity of the buyer was not immediately disclosed. The final bid was $4.3 million. Adding various fees and costs, the official sale price was about $5.3 million, making it the most valuable meteorite ever sold at auction, Sotheby's said. The live bidding was slow, with the auctioneer trying to coax more offers and decreasing the minimum bid increases. [...] The bidding for the Mars meteorite began with two advance offers of $1.9 million and $2 million. The live bidding slowly proceeded with increases of $200,000 and $300,000 until $4 million, then continued with $100,000 increases until reaching $4.3 million. The red, brown and gray meteorite is about 70% larger than the next largest piece of Mars found on Earth and represents nearly 7% of all the Martian material currently on this planet, Sotheby's says. It measures nearly 15 inches by 11 inches by 6 inches (375 millimeters by 279 millimeters by 152 millimeters). It was also a rare find. There are only 400 Martian meteorites out of the more than 77,000 officially recognized meteorites found on Earth, the auction house says.

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