Buyer drops nearly $72m on one of world's most complete T-rex skeletons

A remarkably complete Tyrannosaurus rex skeleton, known as "Gus," has shattered auction records, fetching $US50.1 million at Sotheby's in New York. The sale underscores a booming market for dinosaur fossils, a trend that has drawn criticism from the scientific community.

Discovered on a South Dakota cattle ranch in 2021, "Gus" is an exceptional specimen, comprising 183 fossilized bones and measuring an impressive 11.6 meters in length. This makes it one of the most complete T-rex skeletons ever found, offering invaluable insights into the prehistoric giant.

The anonymous buyer's acquisition highlights the increasing value placed on dinosaur remains. This surge in market value has prompted concerns among paleontologists who worry that significant scientific specimens are being acquired by private collectors, potentially limiting access for research and public display.

Cassandra Hatton, head of science and natural history at Sotheby's, noted the unique position of the United States in this market, stating, "The United States is the only country in the world where fossils like this are considered personal property." This legal framework allows landowners to sell fossils found on their property, a situation not mirrored in many other countries.

The previous record for a fossil auction was held by a Stegosaurus specimen named "Apex," which sold for $US44.6 million in 2024. The sale of "Gus" not only sets a new benchmark but also intensifies the debate surrounding the privatization of paleontological treasures.

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The United States is the only country in the world 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.