Historic Auction of Tyrannosaurus Rex Fossil
A Tyrannosaurus rex fossil, estimated to be around 67 million years old, has fetched £37.4 million ($50.1 million) at a Sotheby's auction in New York, establishing a new record for dinosaur sales. Considered one of the 'most complete' specimens, over 60% of its bones have been recovered, according to Sotheby's.
About the Fossil
The fossil, affectionately named Gus, was unearthed in 2021 on a secluded ranch in South Dakota, USA. Standing over 12 feet (4 meters) tall, Gus has captivated the attention of paleontologists and collectors alike. The auction, held on a Tuesday, saw an undisclosed bidder securing the prized specimen.
Years of Preparation
Cassandra Hatton, Sotheby's worldwide head of science and natural history, highlighted the extensive efforts that led to this sale. "This result has been years in the making," she noted, emphasizing the meticulous excavation, documentation, and preservation processes that Gus underwent. The sale exceeded the previous record set by a stegosaurus in 2024, marking the first time a dinosaur fossil surpassed the $50 million mark.
Implications for Fossil Collecting
Some scientists suggest that this auction could signify a new trend in fossil collecting among the ultra-wealthy. The price reflects the significant time and resources dedicated to the fossil's recovery. Excavation took place over three summers, from 2021 to 2023, when the ground was sufficiently thawed. Further, it required an additional three years in the lab to reconstruct the T. rex, revealing details like bite marks and healed rib fractures, indicating a life of survival and conflict.
Future of the Fossil
While the identity of the buyer remains unknown, there remains the possibility that Gus could be displayed in a museum. Kenneth Griffin, a billionaire who purchased the previous record-holding stegosaurus, loaned it to the American Natural History Museum for four years. Similarly, Gus might soon be accessible to the public.
Source: Original Article
