The full fossilized skeleton of a Gorgosaurus dinosaur that roamed 76 million years ago will be auctioned off on July 28, auction house Sotheby's announced Tuesday.
Gorgosaurus"The value of dinosaur fossils is the information that they contain in their bones. Sample size is everything in science, and the auction of one skeleton to a private buyer is equal to the loss of a mountain of data for a scientist," he said.
If a fossil is privately held, paleontologists like Carr fear owners can deny public access to the specimen, or resell it, making it difficult for researchers to conduct long-term analyses, verify previous research, and ask new scientific questions. Countries like Canada, Mongolia, Brazil, and China have laws in place that protect significant fossils wherever they are found, according to Victoria Arbour, curator of paleontology at the Royal BC Museum in Canada. But in the United States,for collecting dinosaur bones are only required if dinosaur bones are found on federal land. It's rare for fossils to be legally auctioned in other countries, Arbour told Insider.
Dinosaur experts say they are concerned that selling fossils to the highest bidder is inflating prices. According to Arbour, most museums work directly with commercial dealers and pay lower prices. Auction prices"are usually far greater than what any museum can really afford," Arbour said, adding,"It does not cost $5 million to collect a. It doesn't cost zero dollars, but the profit margins are really high on these auctioned specimens.
Not all fossils that are auctioned off become inaccessible after sale. One of the first high-profile fossils sold at auction was a dinosaur named"Sue", the most complete
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