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Stegosaurus sells for just about $45 million at Sotheby’s public sale, probably the most for any dinosaur fossil

Stegosaurus sells for just about  million at Sotheby’s public sale, probably the most for any dinosaur fossil
July 17, 2024



Sotheby’s has auctioned off the skeleton of a stegosaurus named Apex, billed as “the best for Stegosaurus to ever come to marketplace,” for just about $45 million, a file.The sale worth some distance exceeds the estimate of $4 million to $6 million that Sotheby’s had assigned to the lot. Described as a fastened Stegosaurus skeleton, the precise sale worth used to be $44.6 million, surpassing previous gross sales data for dinosaur fossils. 

Sotheby’s, which mentioned the public sale closed Wednesday morning, didn’t in an instant expose the consumer’s id. 

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“‘Apex’ lived as much as its identify lately, inspiring bidders globally to change into probably the most treasured fossil ever bought at public sale,” Cassandra Hatton, Sotheby’s world head of science & pop culture mentioned in a observation following the sale. “This sale has been years within the making, and at each flip, we have now labored intently with Jason Cooper, from the instant of its discovery in Dinosaur, Colorado, to its sale in New York,” she added, making connection with the paleontologist who came upon the specimen. 

The sale of Apex Wednesday set a brand new file for a dinosaur fossil. 

Matthew Sherman

The enduring skeleton is roughly 161 million years previous, consistent with Sotheby’s, and measures 11 toes tall by means of just about 27 toes lengthy from nostril to tail. In step with the public sale area’s checklist, Apex “is fastened in an competitive assault pose on a customized metal armature.”It used to be excavated on personal land in Moffat County, Colorado, close to town of Dinosaur, between 2022 and 2023.

“Apex” bought for $45 million at a Sotheby’s public sale Wednesday. 

Alexi Rosenfeld / Getty Pictures

Shut-up of a Stegosaurus fossil that bought for just about $45 million in a Sotheby’s public sale on July 17, 2024.

Alexi Rosenfeld / Getty Pictures

The fossil of one of the vital international’s maximum recognizable dinosaurs is just about utterly intact, consistent with Sotheby’s. The fossil additionally presentations indicators of arthritis, suggesting that Apex lived a longevity. 

Apex isn’t the primary dinosaur to promote at public sale. In 1997, a Tyrannosaurus rex fossil bought for $8.4 million and in 2020, any other T. rex skeleton fetched $32 million. Two years later, in 2022, Sothebys bought a Gorgosaurus skeleton for over $6 million. — The Related Press contributed to this file

Extra from CBS Information

Megan Cerullo

Megan Cerullo is a New York-based reporter for CBS MoneyWatch masking small trade, administrative center, well being care, shopper spending and private finance subjects. She steadily seems on CBS Information 24/7 to talk about her reporting.

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