A 76 million-year-old dinosaur skeleton to be auctioned in NYC

76 million-year-old dinosaur skeleton to be auctioned in NYC

A fossilized skeleton of a T. rex relative that roamed the earth about 76 million years ago will be auctioned in New York this month. Here’s more on the auction.

Sotheby’s presale estimate for the dinosaur skeleton is $5 million to $8 million

Sotheby’s on Tuesday announced the auction of a Gorgosaurus skeleton in New York on July 28. According to Sotheby’s the specimen, was first discovered in 2018 in the Judith River Formation near Havre, Montana. It measures approx 10 feet (3 meters) tall and 22 (6.7 meters) feet long.

All known skeletons, both from the US and Canada, are housed in institutional collections, making this the only specimen of its kind available for private ownership. stated the auction house.

“In my career, I have had the privilege of handling and selling many exceptional and unique objects, but few have the capacity to inspire wonder and capture imaginations quite like this unbelievable Gorgosaurus skeleton,” stated Cassandra Hatton. Hatton is the global heaf of science and popular culture for Sotheby’s.

“Excavated only a few years ago, a Gorgosaurus has never been offered at auction. Additionally, the opportunity of sharing this dinosaur with the public for this first time is an immense pleasure and highlight of my career,” she added.

The Gorgosaurus skeleton will go on public display for the first time on July 21 at Sotheby’s York Avenue galleries in New York with the auction taking place on July 28.

More on the auction

The Gorgaosaures was an apex carnivore roaming the regions of present-day western USA and Canada during the late Cretaceous period.

This is the first time they are offering a dinosaur of this kind at an auction. Hence, it is going to be one of the most valuable specimens appearing on the market. The auction house is estimating a presale rate of $5 to $8 million for the dinosaur skeleton.

Sotheby’s has a history of auctioning dinosaur fossils. In 1997 they were the first to offer the complete skeleton of Sue, a famous T.rex. It was sold for $8.36 million and is at Chicago’s Field Museum.

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