Price of ivory

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12 November 2008, 05:02

erict

Not sure if this helps or not, but here's part of a story - it comes out to about $74/lb. (click HERE for full story):

"Low ivory prices at first legal auction in 9 years
Tue Oct 28, 2008 6:56pm EDT
By Alister Doyle, Environment Correspondent

OSLO (Reuters) - The first U.N.-approved auction of elephant ivory in almost a decade gave lower-than-expected prices in Namibia on Tuesday but wildlife experts disagreed over whether that would discourage poachers.

The Namibian government sold 7.2 tonnes of stockpiled ivory for $1.2 million, or an average price of $164 a kilo, to Chinese and Japanese bidders in the first of four auctions by southern African countries to be spread over two weeks.

Most experts had predicted far higher prices in the rare sale, the first since 1999 when the average price was $110 a kilo in an auction limited to Japanese buyers."

.

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19 November 2008, 10:33

shakari

I don't know much about ivory trading, but I do know that there's a lot of factors involved. I'm told by an ex dealer friend that the commercial sale was for fairly poor quality ivory and the other auctions will be far better quality and probably fetch higher prices.

However, I personally reckon you guys are making a mistake by using auction prices as a guide anyway. Those prices were for tusks that came with export licences permitting them to be shipped overseas and used for commercial purposes....... if someone just has some sport hunted tusks they want to dispose of, they need to check out the situation very carefully indeed, because there are so many restrictions on sale. Even if you want to sell them 'in state' it might be a better idea to 'give them away as a gift' and the recipient 'give a gift in return'

Even if you can sell them, my guess is that if you can find someone willing to give you full commercial value, you'll be very lucky indeed.