Mystery bidder buys T. rex nicknamed ‘Gus’ for $50m
ONP Summary
A Tyrannosaurus rex skeleton nicknamed 'Gus' sold for $50.1 million at Sotheby's in New York, establishing itself as the priciest fossil ever auctioned. Paleontologists have expressed concern that the specimen's acquisition by a private collector may restrict researchers' ability to study one of the most intact examples of the extinct species.
Progressive: Research threatened by private wealth — progressive outlets warned that ultra-rich collectors acquiring rare fossils for personal ownership lock specimens away from scientists, undermining paleontological research.
Moderate: Market dynamics exclude institutions — centrist outlets observed that escalating prices driven by wealthy bidders make it impossible for museums and research bodies to compete, leaving scientists dependent on buyer goodwill.
NEW YORK (AP) — A Tyrannosaurus rex fossil billed as one of the world’s largest and most complete specimens was sold for a record $50.1 million Tuesday to a mystery bidder.
Sotheby’s said the 67-million-year-old fossil, nicknamed “Gus,” is now the most expensive set of dinosaur bones ever auctioned off, besting the almost $45 million price tag for a nearly complete stegosaurus sold by the same New York auction house in 2024.
The previous record holder had been a Tyrannosaurus rex skeleton nickna ...
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