T. Rex Fossil Sells for $50.1 Million, Putting the King Back On Top
Summary
A Tyrannosaurus rex fossil just sold for $50.1 million, a price that reclaims the top spot in a fossil market that has been running hot. Not long ago, a stegosaurus sale briefly stole the crown, but the T. rex is back to being the ultimate trophy.
Why it matters
A new mega-sale shows the fossil market is still booming and increasingly driven by blockbuster, collector-level money.