First to correct the mis quote you made, its not 50+ cents and higher per lb, its 50+ cents per GRAM !!! for Campo Del Ceilo meteorite currently. that's 250 grams at $125.00 or more ! and it doesn't work well for blades in this state, it still need refined. As it shatters when heated and hit. that the reason for using the Can weld to start it so I don't loose it all over the floor of my shop.
After a pattern welded blade gets beyond about 1,000 layers the pattern tends to "wash out" meaning it is hard to see defined layers when they get so fine. because our eyes only see so much detail, like looking at a tree from far away, we see the green top but not any leaves. When closer we may see leaves and bark, but from distance, because there is to much detail to process, we see trunk and tree. The meteorite layer are the same way, with a magnifying glass you should see layers, but not with the necked eye, as its too fine to notice layering of the meteorite, rather is should appear to be a mono steel layer, as the only true way to get homogeneous layer with that rock is to melt it with the wrought in a crucible. But I did it the way our ancestors had to work out the bloom from their furnaces.
For a finished blade I can now use the meteorite as the bright layer. I am planning for around 200 layers in the final knife; should end up with about 100 layers of 1087, and 100 layers of the meteorite I blended with Wrought iron [that blending of wrought and rock is in-itself layered to 120 layers].
so for appearances.... I stated it is the equivalent of 24,000 layers, because 200 layers of blade when finished, multiply by the 120 layers of refining of the rock layer itself = 24,000. that is how thin the layering of the rocks and wrought become in their part of the final billet. at this point, I hope this is clearer what I meant.