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Image source, Matthew Sherman By Esme Stallard Climate and science reporter Published 9 minutes ago A 67 million-year-old Tyrannosaurus rex has been sold for £37.4m ($50.1m) at a Sotheby's auction in New York - the most ever paid for a dinosaur. The fossil of this infamous predator stands more than 12 feet (4m) tall, and with over 60% of its bones recovered is one of "the most complete" specimens ever found, according to Sotheby's. The winning bidder at the sale on Tuesday has not yet been disclosed. Gus, as the T. rex has been affectionately named, was discovered in 2021 on a remote ranch in the US State of South Dakota. New dinosaur species as long as cricket pitch discovered in Thailand Published 3 days ago "It's really incredible to see and to have the level of public interest," said Cassandra Hatton, Sotheby's worldwide head of science and natural history. "I think anytime you've got this, it is good for science. In general, more people are going to go to the museums, it adds dinosaurs and natural history into the conversation." The sale exceeded the previous record set by a stegosaurus in 2024, and is the first to exceed the $50m benchmark. Some scientists have told the BBC that the auction may herald a new era in fossil collecting by the ultra-rich. Image source, Matthew Sherman Image caption, The skull indicated a life of danger for the T. rex nicknamed Gus Hatton says the price paid reflects the time and resources that went into uncovering the specimen. The bones were excavated over three summers, when it was warm enough for the ground to have thawed, from 2021 to 2023. But it took a further three years in the lab to piece the T. rex back together. This work revealed the skull had bite marks, and previously broken ribs that had healed in its lifetime. Both injuries were potentially sustained during scavenging or during a battle with other dinosaurs. It may be some time before the buyer is revealed, but Apex, the stegosaurus who held the last record, was loaned out to the American Natural History Museum for four years by its billionaire-owner Kenneth Griffin. So, even if Gus has attracted an ultra-wealthy buyer it still might be coming to a museum near you soon. Related topics Fossils Dinosaurs Science & Environment Auctions
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  • 2
    This fossil sale highlights how capitalism values extinct creatures over scientific research. At 37.4m, were essentially paying to own a piece of history that belongs to everyone - the real tragedy isnt the price, its that such resources could fund paleontological studies that advance our understanding of evolution and climate change.
  • 0
    Absolutely revolutionary approach to paleontology funding - selling off our ancient ancestors to the highest bidder while were still figuring out how to properly curate them. Truly pioneering work here, folks.
  • 0
    The T. rex nicknamed Scott fetched $31.8 million at auction, but what strikes me most is how this fossil represents both scientific treasure and market speculationraising questions about whether were preserving paleontological history or simply trading in rare commodities.
  • 0
    Oh great, because nothing says scientific advancement like capitalisms $50 million bid for a T-Rexs remains. This fossils new owner can now proudly display their commitment to paleontology while the actual research funding remains... well, elsewhere. Truly revolutionary.
  • 0
    This T. rex sale highlights how market forces can commodify sciencewhile the fossils scientific value is immense, the $31.8M price tag makes me wonder: are we valuing paleontology or just prestige? The public deserves to see these finds, not just wealthy collectors.