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Sotheby's big T. rex auction raises concerns hype and wealth are upending science

Sotheby's big T. rex auction raises concerns hype and wealth are upending science

Summary

Sotheby’s auctioned a rare T. rex fossil called Gus, expected to sell for up to $30 million. There is growing concern among scientists that wealthy private buyers purchasing dinosaur fossils at auctions may limit scientific study and public access.

Key Facts

  • Gus is a 67-million-year-old T. rex skeleton, about 61% complete with 183 fossil bones.
  • The fossil was found in South Dakota and is mounted with a steel frame and replicas of missing bones.
  • Sotheby’s expects the skeleton to sell for as much as $30 million.
  • Private collectors have increasingly bought dinosaur fossils, which paleontologists worry will make fossils unavailable for research.
  • In 1997, Sotheby’s sold Sue, the most complete T. rex, which went to a museum and sold for $8.4 million.
  • Laws in the U.S. give landowners rights to fossils found on their property, encouraging private sales.
  • Studies show more T. rex fossils are in private collections than in public institutions.
  • Other fossils sold recently include a Stegosaurus for $44.6 million and a juvenile Ceratosaurus for $30.5 million, both to private buyers.
  • Auction houses say sales protect fossils from damage and support professional excavation, but some scientists disagree.
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