T-Rex Skeleton Sets New World Auction Record

by Daniel Perez - News Editor
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A Tyrannosaurus rex skeleton named "Shen" sold at auction for $6.1 million in 2022, though the sale was later canceled after questions arose regarding the specimen’s authenticity. The fossil, which was slated to be auctioned by Christie’s in Hong Kong, faced scrutiny from the Black Hills Institute of Geological Research, which noted similarities between Shen’s bones and those of another T. rex named "Stan."

The Auction of Shen

In late 2022, Christie’s announced the sale of a T. rex skeleton known as Shen. The fossil, consisting of 79 original bones, was expected to fetch between $15 million and $25 million. When the hammer fell, the final price of $6.1 million fell significantly short of the auction house’s pre-sale estimates. The sale was intended to highlight the rarity of such specimens on the private market, but the event quickly drew attention from paleontologists concerned about the preservation of scientific data.

The Auction of Shen

Authenticity Concerns and Legal Scrutiny

The sale of Shen stalled following public concerns raised by Peter Larson, president of the Black Hills Institute of Geological Research. Larson identified that many of the bones in the Shen skeleton appeared to be casts modeled after "Stan," a famous, well-documented T. rex skeleton. According to reporting by the New York Times, Christie’s ultimately canceled the sale after acknowledging that the owner intended to donate the fossil to a museum for public display. The owner, who was not publicly identified at the time, opted to withdraw the lot from the auction block to facilitate a loan to a scientific institution.

T. Rex Sells for $31.8 Million in Christie's Digitally-Focused Auction

The Market for Dinosaur Fossils

The incident underscored the ongoing tension between private fossil collecting and academic paleontology. While auction houses like Christie’s and Sotheby’s argue that private sales can lead to scientific discoveries, professional paleontologists often contend that high price tags encourage the commercialization of natural history.

The Market for Dinosaur Fossils

Prior to the Shen sale, the record for a dinosaur skeleton sold at auction remained with "Stan," which was sold by Christie’s in 2020 for $31.8 million. The disparity in prices between the two specimens—and the subsequent realization that Shen contained significant amounts of cast material—highlighted the risks involved for high-end collectors in the fossil market.

Key Takeaways

  • Record Holder: The most expensive dinosaur skeleton ever sold at auction remains "Stan," which commanded $31.8 million in 2020.
  • Shen’s Status: The $6.1 million sale of the T. rex known as Shen was canceled after it was revealed that the skeleton contained casts of bones from other specimens.
  • Scientific Impact: The involvement of paleontologists in verifying fossil authenticity remains a point of friction during high-profile auctions.
  • Future Outlook: Major auction houses continue to face pressure to provide more transparency regarding the composition and provenance of fossil lots to avoid similar controversies.

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