Lead
A Tyrannosaurus rex skeleton nicknamed "Gus" has become the most valuable dinosaur fossil ever bought at auction, selling for US$50.1 million at Sotheby's in New York on Tuesday. The sale followed a 10-minute bidding war among seven bidders, with the buyer remaining anonymous.
The skeleton, discovered on a South Dakota cattle ranch in 2021, measures 11.6 metres in body length and comprises 183 fossilised bones, making it one of the largest and most complete tyrannosaurs ever found. It is approximately 63 per cent complete and lived some 72 to 66 million years ago, a period marked by a warm climate, high sea levels, and vast floodable coastal plains.
Coverage comparison
Both ABC Australia and the South China Morning Post reported the sale as a record-breaking event, focusing on the price and the fossil's significance. ABC Australia emphasised the surging market for dinosaur bones and included expert commentary, while the South China Morning Post reported the same core facts with a more straightforward presentation. Both outlets noted that the purchase underscores a growing trend in fossil auctions.
Key claims
- The skeleton sold for US$50.1 million, surpassing the previous auction record of US$44.6 million paid for "Apex" the Stegosaurus in 2024, as reported by ABC Australia.
- The fossil was discovered on a South Dakota cattle ranch in 2021 and is one of the most complete T. rex skeletons known, according to both outlets.
- The sale has drawn criticism from some palaeontologists concerned about valuable specimens entering private hands, a point highlighted by both ABC Australia and the South China Morning Post.
- Cassandra Hatton, head of science and natural history at Sotheby's, told AFP before the auction that the United States is the only country where fossils like this are considered personal property. "If you own the land, you own the fossil and you have the right to sell it. So if you want a dinosaur, this is the only place that you can get it," she said, as quoted by ABC Australia.
Perspectives
Sotheby's: Cassandra Hatton, head of science and natural history, highlighted the legal framework in the United States that permits private ownership of such fossils, framing the sale as a unique opportunity for collectors.
Palaeontologists: Some palaeontologists have expressed criticism over the surging market for dinosaur bones, raising concerns that valuable specimens are being removed from public scientific study and placed in private hands.