Want to own a real T. rex? It could cost you $30 million

The Tyrannosaurus rex fossil known as "Gus" will go up for auction on Tuesday. It's not the first time dinosaur bones have been sold to the highest bidder.

The Tyrannosaurus rex fossil known as "Gus" will be auctioned off at Sotheby's New York on Tuesday, with an estimated value of $30 million. This 40-foot-long fossil is one of the most well-preserved T. rex specimens, with 79% of its bones intact. The auction is being conducted by Sotheby's specialist in natural history, Cassandra Hatton. The fossil was discovered in 2011 in the Hell Creek Formation in Montana.

The sale of "Gus" will directly impact the scientific community, as the buyer will have control over access to the fossil for research purposes. This could limit the ability of paleontologists to study the specimen, potentially hindering new discoveries about the T. rex species. The buyer will also be responsible for the long-term preservation and conservation of the fossil. This could result in increased costs for institutions that previously had access to the fossil for research.

The sale of dinosaur fossils to private collectors is not a new phenomenon, with several high-profile sales in recent years. In 1997, a T. rex fossil known as "Sue" was sold at auction for $8.3 million, which was a record at the time. The market for dinosaur fossils has grown significantly since then, with many collectors willing to pay top dollar for rare and well-preserved specimens. This trend has raised concerns among paleontologists about the potential loss of scientific knowledge.

The auction of "Gus" is scheduled to take place on Tuesday, and the results will be closely watched by the scientific community. The buyer's identity and intentions for the fossil will be of particular interest, as it will determine the future of the specimen. Interestingly, the sale of "Gus" may actually increase the value of other dinosaur fossils, as it sets a new benchmark for the market. The auction house has already reported significant interest in the fossil from potential buyers.