The idea of owning a real Tyrannosaurus rex is an intriguing one, and now it's becoming a reality for those with deep pockets. The auction of 'Gus', a 38-foot-long, 12.5-foot-tall T. rex skeleton, is set to take place at Sotheby's in New York City, with a starting bid of $19 million and an estimated sale price of $20 to $30 million. This auction marks a significant moment in paleontology and the art market, as it showcases the increasing demand for dinosaur fossils and the growing fascination with prehistoric creatures.
What makes Gus particularly special is its size and completeness. Found in Harding County, South Dakota, in 2021, on private land, it is believed to be from the late Cretaceous period, dating back about 67 million years. The auction house describes it as a 'very large, robust, adult individual', indicating its impressive stature and well-preserved state. The discovery of Gus involved nearly a thousand pieces of bone, carefully collected and assembled to reveal its majestic form.
The story behind Gus is also quite fascinating. The skeleton is named after Gary 'Gus' Licking, the owner of the ranch where it was found. Tragically, Licking passed away during the excavation process, which lasted through 2023, and he never got to see his prized discovery fully assembled. This adds a layer of emotional depth to the auction, highlighting the personal connection between the fossil and its original owner.
This isn't the first time dinosaur bones have been auctioned off. In 1997, Sotheby's sold a T. rex named Sue for $8.4 million, and in 2024, a stegosaurus named Apex sold for a record-breaking $44.6 million. These sales reflect an increase in market demand and the growing interest in paleontology and natural history. However, paleontologist Scott Persons suggests that the high prices paid for these fossils could be better utilized for scientific research.
Persons argues that the substantial sums spent on auctions could fund research programs at public museums, enabling fieldwork, species discovery, and public exhibition. He believes that the current market dynamics may overshadow the importance of scientific exploration and education. As Gus goes up for auction, it raises questions about the value of dinosaur fossils and the role of private collectors in shaping the future of paleontological research.