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Meteorit
Seymchan Pallasitscheibe mit 389,2 Gramm

This asset is available for trading in the app.

CAGR

Compound Annual Growth Rate

10.19%

30.05.17 - 30.06.22

Drop Date

30.06.2022

Drop Price

13,800.00 €

Market Value

+0.62%

13,885.00 €

Expected Holding Period

3 - 7 years

Fraction Price

50.00 €

Fractions

276

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General information

Meteorite type
Pallasite
Weight
389.2 gram
Name
Seymchan
Dimensions
20 cm x 13.5 cm
Age (in years)
4.5 billion years
Widmanstätten structures
Yes

Seller and property details

Location
Switzerland
Storage conditions
Chilled
Insurance
Insured
Seller
Commercial
Location of the seller
Canada

Asset Highlights

Seymchan

Highlight

The village of Seymchan is located in the far east of Russia. With just over 2800 inhabitants, it is not exactly what one would call a metropolis. Nevertheless, Seymchan is well-known: in 1967, the Seymchan pallasite was found there, which is very popular with collectors. Our piece of the Seymchan pallasite is 4.5 billion years old and weighs exactly 389.2 grams. However, the rarity of this piece of intergalactic matter cannot be outweighed: To date, there are only 61 known pallasites. That corresponds to about 0.2% of all meteorites. A real intergalactic rarity. Incidentally, meteorites are considered by some scientists to be the intergalactic vehicles that brought the first chemical building blocks to Earth that made life possible.

Seymchan

Highlight

Die Ortschaft Seymchan liegt im äußersten Osten Russlands. Mit knapp über 2800 Einwohnern ist sie nicht gerade das, das man eine Metropole nennen würde. Bekannt ist Seymchan trotzdem: 1967 fand man dort nämlich den Seymchan-Pallasiten, der bei Sammlern sehr beliebt ist. Unser Stück vom Seymchan-Pallasiten ist 4,5 Milliarden Jahre alt und wiegt genau 389,2 Gramm. Die Rarität dieses Stücks intergalaktischer Materie ist aber nicht aufzuwiegen: Bis heute gibt es nur 61 bekannte Pallasite. Das entspricht in etwa 0,2% aller Meteorite. Eine echte, intergalaktische Rarität. Übrigens: Meteoriten werden von einigen Wissenschaftlern als die intergalaktischen Vehikel angesehen, die die ersten chemischen Bauelemente auf die Erde gebracht haben, die das Leben ermöglicht haben.

Born in Space

Additional Reading

Pallasites are stony-iron meteorites. There are two theories about their formation: In the past, it was assumed that pallasites were formed in the core-mantle boundary of asteroids, which were subsequently broken up by impacts. Another, more modern hypothesis says that pallasites are the result of collisions of meteorites. During these collisions, very high temperatures occur - and so iron from the core of one can mix with the mineral mantle of the other. The result is the characteristic pattern of pallasites. By the way, for the formation of the so-called "Widmanstätten structure" (a characteristic pattern of the minerals in the meteorite), the special conditions of outer space are needed - it is impossible to "imitate" it on Earth. The asteroid belt between Mars and Jupiter is considered the place of origin for pallasites.

Peter Simon Pallas' iron find

Additional Reading

In the 1770s, the German geographer Peter Simon Pallas, travelling through what was then the Russian Empire, found a strange material in the area around Krasnoyarsk that caught his attention. A 1600-pound mass described as "a supple, white-brittle iron, woven out with holes like a coarse sea-sponge, the interstices of which are exactly filled with round and oblong drops of a very brittle but hard amber-yellow, perfectly bright and pure glass or hyacinth river." Pallas suspected that this mass of iron was the remains of iron extraction. Only later did it become clear: this lump had no earthly origin. It was a special kind of meteorite. And Pallas' discovery was honoured years later, because the type of meteorite was given the name of its discoverer: pallasite.

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FAQ

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Timeless, a brand of New Horizon GmbH based in Berlin, is dedicated to the mission of becoming the European market leader in rare collectibles investments and making investments in collectibles accessible, affordable and tradable. One of the first companies in the world to do so, Timeless enables everyone to invest in collectibles and participate in their performance through the use of blockchain technology.

With its revolutionary business model, Timeless is democratizing the collectibles asset class and making the market of rare collectibles - including watches, art, vehicles, sneakers, wine, trading cards and memorabilia - accessible to all. To do this, Timeless uses blockchain technology, which documents digital transactions in a reliable, traceable and secure manner.

In addition, the company takes care of custody, insurance and maintenance until the assets are resold. The purchase of shares is secure, convenient and digital via the Timeless app.

Company	New Horizon GmbH
Brand	Timeless
Year of foundation	2018
Location	Berlin, Deutschland
Branch	Trade of Goods
Team	45 Employees
Website	www.timeless.investments
Investors	EQT Ventures, C3 EOS VC, Porsche Ventures, LA ROCA Capital

Sourcing

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Management

Timeless then takes care of the optimal storage, insurance and maintenance of the collectibles until they are resold.

Tokenization

The Collectibles are divided into shares and offered for purchase via the Timeless app.

Trading

Investors can offer their own shares for sale, purchase shares and finally trade with other investors.

Sell

After a holding period, which typically varies by asset class (12 - 96 months, depending on market conditions), Timeless resells the collectibles, and shareholders are paid according to their shareholdings. However, in exceptional cases, if we have an attractive purchase offer, we may opportunistically sell Collectibles below a 12-month holding period.

After the purchase of the shares, the Collectibles belong to the shareholders according to the fraction they have purchased. In addition, Timeless is entrusted by the investors with the management of the collectibles until the time of the sale of the collectible. This fractional ownership model eliminates issuer risk and the Collectibles are owned directly by the investors.

Timeless itself holds shares in each asset (up to 5%), so we are a co-owner and have the same goal as you.

Timeless initially acquires the Collectible for its own account. After the fraction purchase, each fraction owner owns it directly at the fractional interest he or she acquired in it. That is, the fraction is contractually signed over to the purchaser and Timeless is charged with the custody, maintenance, and resale of the fraction. Thus, the fractions are no longer part of Timeless' assets and remain unaffected in the event of a possible insolvency. Details can be found in the master agreement, which can be viewed prior to purchase.

By the way, we've been around since 2018, we're a German GmbH based in Berlin, and Porsche Ventures, EQT Ventures and C3 EOS VC (the world's largest blockchain fund) are amongst our investors. Should we run out of funds the units of all users who have invested with us are protected in any case, as the units are transferred to the buyer.

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Past performance, data, and returns are not reliable indicators of future results and may vary. This investment is associated with substantial risks and may lead to a complete loss of the capital invested. For further information, please refer to our FAQ.

Meteorit
Seymchan Pallasitscheibe mit 389,2 Gramm