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CNN —A Stegosaurus skeleton has become the most valuable fossil ever sold at auction, being snapped up for $44.6 million in New York. The dinosaur fossil was sold on Wednesday to an anonymous buyer after it was sought after by seven bidders, according to Sotheby’s, the auction house handling the sale. The fossil, nicknamed “Apex,” smashed its pre-sale estimate, which was between $4 million and $6 million. Apex became the most valuable fossil ever sold at an auction, according to Sotheby's. According to Sotheby’s, it sold “Sue,” a Tyrannosaurus rex and the first ever dinosaur to be sold at auction, for $8.4 million in 1997.
Persons: , Jason Cooper, Sotheby’s, Steve Brusatte, ” Brusatte, ” Sotheby’s, Apex, Sue, “ Stan Organizations: CNN, Apex, Scotland’s University of Edinburgh Locations: New York, Moffat County , Colorado, U.S, America, Sotheby’s
Jason Cooper discovered a stegosaurus fossil on his Colorado property in May 2022. The fossil, named Apex, is about 70% complete and could fetch up to $6 million at auction. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOn his 45th birthday in May 2022, Jason Cooper was strolling through his Colorado property when he came across part of a stegosaurus bone sticking out of a rock wall. The fossil stands about 11 feet tall, spans over 20 feet long, and is about 70% complete, he told BBC News.
Persons: Jason Cooper, , Cooper Organizations: Apex, Sotheby's, Service, BBC, Business Locations: Colorado, Apex
The “exceptional” and “virtually complete” dinosaur fossil, which is 11 feet tall and 20 feet long, will be sold as part of Sotheby’s annual Geek Week. Paleontologists have questioned the sale of such specimens to private bidders, arguing that these finds should be preserved in museums or other public spaces. Nevertheless, that will not stop the auction of the 150-million-year-old fossil from going ahead in New York on July 17. Apex, as it has been nicknamed, is the “finest Stegosaurus specimen to come to market,” Sotheby’s said in a press release Wednesday. It is expected to fetch between $4 million and $6 million, making it one of the most valuable dinosaur fossils ever offered up for sale, the auction house added.
Persons: ” Sotheby’s, Jason Cooper, Sotheby’s, Cooper, , Steve Brusatte, , Sotheby’s Brusatte, “ Sophie, Cassandra Hatton, Maximus ”, Stan Organizations: CNN, Apex, Scotland’s University of Edinburgh, Geek, Abu Dhabi Department of Culture Locations: New York, Apex, Colorado, Morrison, Moffat County , Colorado, Dinosaur, Sotheby’s, Sotheby’s New York, Abu Dhabi, Tourism
That femur led to a stegosaurus fossil, among the largest and most complete ever found, which has subsequently been nicknamed “Apex.” In July the Sotheby’s auction house will sell Apex at auction at an estimated value of $4 million to $6 million, making the skeleton the latest flashpoint in a long-running debate about the private fossil trade. Dinosaur fossils have fetched escalating prices at auction houses since 1997, when Sotheby’s sold “Sue” the Tyrannosaurus rex to the Field Museum in Chicago for $8.36 million. In 2020, “Stan,” another largely complete T. rex skeleton, sold at Christie’s for $31.8 million. Such pricing has raised serious concerns among academic paleontologists, said Stuart Sumida, vice president of the Society of Vertebrate Paleontology. Many of them have watched fossils that may unlock scientific mysteries get steered into the hands of wealthy private collectors rather than toward research institutions in recent decades.
Persons: Jason Cooper, Sotheby’s, Sue ”, “ Stan, , Stuart Sumida Organizations: Apex, Field Museum, Vertebrate Locations: Colorado, Dinosaur, , Chicago
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