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 on Tuesday, establishing a new record for the highest-priced dinosaur fossil ever auctioned. The complete specimen, excavated from a South Dakota ranch, exceeded its $20-30 million pre-sale estimate after competitive bidding by seven buyers.
Progressive:Market spectacle — progressive outlets frame the record sale as exciting market news and competition, with T. rex reclaiming its position as the most valuable dinosaur fossil.
Moderate:Privatization crisis — moderate outlets emphasize that soaring prices lock scientifically important fossils into private hands, pricing out museums and restricting paleontological research access.
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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