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$50M: T.Rex Skeleton Becomes Most Expensive Fossil Ever Auctioned

The 67-million-year-old fossil was discovered in South Dakota and measures 38 feet long and 12.5 feet tall

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A rare Tyrannosaurus rex skeleton nicknamed "Gus" has become the world's most expensive fossil sold at auction after fetching a record $50.13 million at Sotheby's in New York, reported by CNN.

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According to Sotheby's, the 67-million-year-old fossil was discovered in South Dakota and measures 38 feet long and 12.5 feet tall. The specimen contains 183 fossilized bone elements, making it one of the largest and most complete T. rex skeletons ever unearthed.

The sale surpassed the previous auction record of $44.6 million set by the Stegosaurus fossil Apex in 2024. The winning bid exceeded the presale estimate of $20 million to $30 million.

The report said the sale has renewed concerns among paleontologists, who argue that scientifically valuable fossils entering private collections may become inaccessible for future research.

The identity of the buyer has not been disclosed. Attention is now focused on whether the new owner will make the fossil available for scientific study or public display.

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