Introduction Asteroids and Comets form part of holistic astronomical occurrences being characterized by key cords of compelling attraction. It is not a wonder that the predominance of bright comets in space is excelled only by that of the Sun and the Moon whose phenomenal glow changes unpredictably making them one of the most astounding astronomical occurrences. The real nature and the intricate intrinsic mechanisms in which comets operate accredits them of being held in such high astronomical esteem as the primary space objects that form a solid foundation in the inquiry on the origins of the solar system. Hence, this paves the way into demystifying the pattern of arrangement of galaxies in space. They are harnessed as rich resources for scientific probe on the environmental and chemical inter-relationships for different planets. Comets and asteroids are also believed to have taken a central role in the initial stages of the emergence of life on Earth and as such, the occasional massive impacts highlight the never-ending process in which Comets and asteroids impact the Earth’s environment. This paper discusses comets and asteroids and their contribution to the understanding of the beginning of the Solar System. This study further explores the broad role played by Asteroids and Comets in the development of modern astronomy and their historical reputation in the public domain (Messenger et al. 2006, p. 1). The latter portion of which is of interesting significance to us is that comets have nothing mystical about them, for them to be dreaded or feared for they are just but ice balls under the toll of a very hot Sun. Components of this study include An exposition on Asteroids and Comets, Origins of Comets and Asteroids and their constituents, the significance of Comets and Asteroids in the inquiry about the origins of the solar system and galaxy, comets as astrophysical laboratories, the role of comets in public and in the advancement of modern science. Asteroids Asteroids are astronomical objects with a size ranging from one to about one thousand kilometres in diameter and a structural appearance ranging from little granules to small planet prototypes. Astronomical inquiries boast of recording 26 asteroids with a diameter in excess of 200 km and claims to have observed 99% of those asteroids with a diameter ranging from 100 – 200 km. Nonetheless, the vast majority of smaller asteroids are yet to be clearly recorded by high precision appliances. Of essence still, is the fact that the mass of the moon is higher than the summative mass of all asteroids. So far, astronomical records have it that the largest asteroid is 1 Ceres, which is 974 km across and bearing a mass constituting a quarter of the total mass of all asteroids. 2 Pallas, 4 Vesta and 10 Hygiea with a diameter ranging from 400 to 525 km follow each other respectively in the sequence of the biggest asteroids (ScienceDaily 2008, p.1). Depending on their albedo and chemical makeup, asteroids have been categorized into the following common classes;   * C-type – this category comprises of three-quarters of all asteroids which are generally and entirely dark with a very little albedo value. They are best exemplified by carbonaceous chondrite meteorites. Th