Moon dust bag sold for $1.8m - Page 1
Forum section: electronics / general

author: Homer J Simpson
author_rank: Super Contributor
timestamp: July 21, 2017, 01:39:58 am
content: http://www.bbc.com/news/world-us-canada-40677650

author: xrunner
author_rank: Super Contributor
timestamp: July 21, 2017, 01:46:58 am
content: I'm thinking (I know you all just smelled smoke) if simple Moon dust is worth that much, let's get back up there and get more!

author: Mattjd
author_rank: Regular Contributor
timestamp: July 21, 2017, 07:19:07 pm
content: Quote from: xrunner on July 21, 2017, 01:46:58 amIf only supply and demand worked that easily!

author: nctnico
author_rank: Super Contributor
timestamp: July 21, 2017, 07:36:17 pm
content: BTW it is a nice example on how NASA tends to lose important stuff.

author: bsudbrink
author_rank: Frequent Contributor
timestamp: July 21, 2017, 08:02:29 pm
content: I seem to recall reading somewhere that, if there were piles of 999fine gold bars sitting on the surface of the moon, free for the taking, you would lose money bringing them back to earth.

author: KL27x
author_rank: Super Contributor
timestamp: July 21, 2017, 08:06:26 pm
content: As long as the other 0.001% is moon dust, you will be fine. Just gotta refine it and get rid of the gold contamination.

author: Electro Detective
author_rank: Super Contributor
timestamp: July 22, 2017, 08:23:53 am
content: There's still'one born every minute'it seems,parting with $1.8mfor useless non-coke dust

author: SeanB
author_rank: Super Contributor
timestamp: July 22, 2017, 08:46:49 am
content: Value is solely in the mind. A pile of gold is absolutely useless in some cases.

author: JPortici
author_rank: Super Contributor
timestamp: July 22, 2017, 09:11:12 am
content: Quote from: Electro Detective on July 22, 2017, 08:23:53 ami would safely bet that someone somewhere called a variety of coke "moon dust"

author: Electro Detective
author_rank: Super Contributor
timestamp: July 22, 2017, 09:22:52 am
content: Quote from: SeanB on July 22, 2017, 08:46:49 amBeg to differ Sir, one will always get good mileage from a bag of gold on Earth in any period,than a bag of moon dust that even the local pawn or jeweller shop can't verify the validity of, much less what it's worth on the money marketGold has been king for thousands of years, what will moon dust be worth in a few decades? What can you use it for if it's value bites the dust?Only rich showoffs will roll with it and sell it amongst themselves. Upper level 'audiophool' types

author: SeanB
author_rank: Super Contributor
timestamp: July 22, 2017, 09:45:57 am
content: Quote from: Electro Detective on July 22, 2017, 09:22:52 amStill will not buy you an extra life when yours is up, or keep you from drowning.

author: Kjelt
author_rank: Super Contributor
timestamp: July 22, 2017, 01:22:24 pm
content: Quote from: bsudbrink on July 21, 2017, 08:02:29 pmYeah if you sent a huge rocket for each time, but ofcourse you would build a huge catapult or something else able to launch the gold bars in the direction of earth purely on mechanical power.You need a device to catch the launched bars on earth end and a way to transport them back to earth, the latter being the most challenging.However overfloading the gold market with so much gold the prices will drop significantly

author: Electro Detective
author_rank: Super Contributor
timestamp: July 23, 2017, 12:36:43 am
content: Quote from: Kjelt on July 22, 2017, 01:22:24 pmThe gold hoarders won't let that happen,they'll freeze funds on space scavenging/miningand blow out the stock market/s...again

author: BravoV
author_rank: Super Contributor
timestamp: July 23, 2017, 01:51:25 pm
content: Wonder if there is any chance that the buyer is actually people from one of the other non US country's aerospace agency ?Cause $ 1.8m is nothing when it comes to govt backed aerospace organization.

author: Electro Detective
author_rank: Super Contributor
timestamp: July 24, 2017, 01:31:01 am
content: It may even be a bag of coke or icewho would ever suspect or question it ?Perhaps moon dust is better gear,and the aerospace industry staff get into it, among other activities in the photocopy roomat the annual Christmas breakup party

author: EEVblog
author_rank: Unknown
timestamp: July 24, 2017, 01:40:48 am
content: Quote from: Electro Detective on July 22, 2017, 09:22:52 amWrong.This item has what's called provenance in the collecting world. i.e. it has a verified history proving it is genuine.This bag will very likely appreciate in value with time, likely better than gold.It's only likethepersonal item used by the most famous human in history in the most famous event in human history.

author: Electro Detective
author_rank: Super Contributor
timestamp: July 24, 2017, 02:59:25 am
content: Quote from: EEVblog on July 24, 2017, 01:40:48 amI can see your point, and agree with it as a generalization, BUT...A bag of gold is a bag of gold, and it won't ever change in value unless market forces dictate differently,history tells us gold is still THE standard,the hoarders controlling supply and release won't let that privilege go, EVERMoon dust on the other hand has a high asset risk factorand it's value can be trashed overnight if, for debate sakethe conspiracy theorists get the upper hand with their proof(be it true or awesome BS)a competing aerospace giant brings back tons of it in the futureor people lose interest in the novelty, or just too dumbed down to pay attention to the significanceYou could argue that this current bag of moon dust was an original, but how would you control the forces of fraud down the track,with 10 identical bags randomly appearing on the auction circuit?I'll take the bag of gold thank you very much,I reckon I could get some good cash from the PCB industry any time,and a lot of ladies would roll my way on that too,to suit their decorative habits

author: KL27x
author_rank: Super Contributor
timestamp: July 24, 2017, 06:33:45 am
content: If you can predict the future, you will choose the right one. And either one may beat the other, depending on when you cash it in. Me, I'd like some Netflix stock from 2010.If someone offers me 1.8 million dollars worth of dog biscuits, I'll take it.The guy had 1.8 million to spend on moon dust. I think he won, already.QuoteThis guy is probably well beyond that, by now. Gold-digging ladies lose their luster after awhile. Then it's on to buying diplomatic immunity so you can indulge in some real high class fetishes.

author: R_Gtx
author_rank: Regular Contributor
timestamp: July 24, 2017, 10:53:06 am
content: The 1.8 M$ includes the Buyers Premium, the hammer price being 1.5 M$, somewhat below the pre-auction estimate of 2-4 M$.Perhaps of greater interest to users of this forum, was the sale of aSpace Shuttle Orbiter Computer Processor, or for any battery aficionados, aApollo Lunar Module (LM) Pyrotechnic Battery.For those interested, a high quality pdf (~88Mb) of the catalogue "Space Exploration" is still available for download fromSotheby,s.

author: Zero999
author_rank: Super Contributor
timestamp: July 25, 2017, 11:16:03 am
content: Quote from: Electro Detective on July 24, 2017, 02:59:25 amYou never know what will happen in the future. What happens if someone discovers a cheap way of making gold from lower value metals, using a novel nuclear reactor design? Gold prices will plummet but the moon dust bag will retain its value.And don't say that this will never happen. It's physically possible, just infeasible using today's technology.

author: Kjelt
author_rank: Super Contributor
timestamp: July 25, 2017, 12:07:33 pm
content: Yeah find King Midas tombhttps://en.m.wikipedia.org/wiki/Midas

author: Electro Detective
author_rank: Super Contributor
timestamp: July 27, 2017, 09:27:47 am
content: Quote from: Kjelt on July 25, 2017, 12:07:33 pmWaste of time, the original 'tomb raiders' cleaned it out AGES ago