T. rex ‘Gus’ sells for record-breaking $50.1 million

The Tyrannosaurus rex skeleton surpassed its pre-sale estimate and set a new auction record for a dinosaur fossil.

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Gus the Tyrannosaurus Rex skeleton at Sotheby's auction house in New York City, U.S. July 1, 2026
The mounted skeleton sold well above its estimated price range of $20 million to $30 millionImage: Jordan Tovin/REUTERS

A Tyrannosaurus rex skeleton known as “Gus” sold for $50.1 million (roughly €44 million) at Sotheby’s in New York on Tuesday, setting a new record for a dinosaur fossil at auction. The sale followed a tense 10-minute bidding battle involving seven bidders and ended with an anonymous purchaser.

Before Tuesday’s sale, the record for the most expensive dinosaur fossil was held by Apex, a Stegosaurus skeleton that sold for $44.6 million at Sotheby’s in 2024.

The head of the Tyrannosaurus Rex Skeleton on display at Sotheby's in New York, NY on July 1, 2026
The skeleton is approximately 61% complete by bone count, with 183 fossil bone elements and 30 gastralia, or belly ribs, according to Sotheby’sImage: Lev Radin/Sipa USA/picture alliance

Fossil ‘Gus’ one of the largest and most complete ever unearthed

It was discovered in 2021 on a South Dakota cattle ranch, owned by the late Gary “Gus” Licking, for whom the fossil was named,

“Gus is one of the biggest and most complete T. rex ever found,” Cassandra Hatton, Sotheby’s vice chairman and global head of science and natural history, said ahead of the auction.

The skeleton measures 38 feet (11,6 meters) in length and dates to the Late Cretaceous period, about 67 million years ago.

Hatton said Gus stood out because of “the completeness, the quality, the size, the preservation,” as well as the careful work required to excavate and prepare the fossil.

The record highlights a growing market for dinosaur fossils, though some scientists warn against specimens being held in private collections.

Edited by: Rana Taha

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