T. rex skeleton fetches record $50.1 mn at US auction
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.
A Tyrannosaurus rex skeleton nicknamed "Gus" sold Tuesday for $50.1 million at Sotheby's in New York, making it the most valuable dinosaur fossil bought at auction after a 10-minute battle between seven bidders.
"Gus" is one of the world's most complete T. rex skeletons -- with 183 fossilized bones -- and was discovered on a cattle ranch in South Dakota in 2021. ...
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