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T. rex could become most expensive fossil ever - but it's a ​problem for scientists

T. rex could become most expensive fossil ever - but it's a ​problem for scientists

Summary

A nearly complete Tyrannosaurus rex fossil named Gus is going up for auction with a pre-sale value of $30 million, possibly becoming the most expensive dinosaur fossil ever sold. This raises questions about whether important fossils should belong to museums for scientific study or be sold to private collectors.

Key Facts

  • Gus, a T. rex fossil found in South Dakota, is one of the most complete specimens ever discovered.
  • Gus is named after Gary "Gus" Licking, the late cattle rancher who owned the land where the fossil was found.
  • The excavation took three years, and preparing the fossil took an additional three years in the lab.
  • Gus is valued at $30 million pre-sale, with a starting bid of $19 million at Sotheby’s auction.
  • The current auction record for a dinosaur fossil is $44.6 million for a Stegosaurus sold in 2024.
  • Museums often cannot afford to buy such expensive fossils, limiting their access for research.
  • Fossil hunting is dangerous and requires months of fieldwork in tough conditions.
  • There is ongoing debate about whether important fossils belong in museums or can be sold to private buyers.
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