‘Gus’ the T. rex fetches record US$50.1 million at US auction
A T. rex skeleton named 'Gus' sold for a record US$50.1 million at a Sotheby's auction in New York. The sale has sparked debate among paleontologists regarding the privatization of significant scientific fossils.
Why it matters
The record-breaking sale highlights the growing commercialization of natural history and the tension between private ownership and scientific preservation.
A Tyrannosaurus rex skeleton nicknamed “Gus” sold on Tuesday for US$50.1 million at Sotheby’s in New York, making it the most valuable dinosaur fossil bought at auction, after a 10-minute battle between seven bidders.
“Gus” is one of the world’s most complete T. rex skeletons – with 183 fossilised bones – and was discovered on a cattle ranch in South Dakota in 2021.
The giant beast lived some 72 to 66 million years ago – a period characterised by a warm climate, high sea levels and vast floodable coastal plains.
The skeleton measures 11.6 metres (38 feet) in body length, making it one of the largest T. rexes ever discovered. It is roughly 63 per cent complete.
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