Mystery bidder buys T. rex nicknamed 'Gus' for a record $50 million
A Tyrannosaurus rex fossil, nicknamed "Gus," was sold for a record $50.1 million to an anonymous bidder at Sotheby's, making it the most expensive dinosaur skeleton ever auctioned. The 67-million-year-old specimen, discovered in South Dakota, is 61% complete and features an exceptionally preserved skull.
Why it matters
This record-breaking sale highlights the increasing value and private acquisition of significant scientific specimens, raising questions about the accessibility of such finds for public institutions and scientific research. It also reflects the booming market for rare collectibles.
NEW YORK — A Tyrannosaurus rex fossil billed as one of the world's largest and most complete specimens was sold for a record $50.1 million Tuesday to a mystery bidder.
Science Researchers unearth Southeast Asia's largest dinosaur Sotheby's said the 67-million-year-old fossil, nicknamed "Gus," is now the most expensive set of dinosaur bones ever auctioned off, besting the almost $45 million price tag for a nearly complete stegosaurus sold by the same New York auction house in 2024. The previous record holder had been a Tyrannosaurus rex skeleton nicknamed "Stan" that sold for nearly $32 million in 2020.
"Gus is not only an exceptional find, but a specimen that's been excavated, documented, prepared, and cared for with real excellence," Cassandra Hatton, Sotheby's vice chair, said after the sale was completed. "The market responds when great specimens are taken care of in the right way."
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