View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Luxury
  2. Art & Culture
May 31, 2024

Stegosaurus expected to fetch $6 million in Sotheby’s auction

By Stephanie Bridger-Linning

The ‘finest’ stegosaurus specimen ever to be auctioned is expected to fetch up to $6 million when it goes under the hammer at New York City’s Natural History Museum in July. 

The 150-million-year-old fossil, known as ‘Apex’, measures 20ft x 11 ft and is ‘virtually complete’, leading to its valuation as one of the most expensive dinosaur fossils ever offered.

[See also: Price of fame: more HNW investors are buying into pop culture collectibles]

‘“Apex” marks an incredibly important milestone, as simply one of the best fossils of its kind ever unearthed,’ says Cassandra Hatton, Sotheby’s global head of science and popular culture. ‘Stegosaurus is one of the most universally recognisable dinosaur species, whose unmistakable silhouette has been a source of fascination and wonder for generations. 

‘Through the careful process of excavation, preparation, and installation, “Apex” sets a new standard for all future discoveries of this magnitude, and further reinforces the enduring appeal of Stegosaurus and its vaunted status in popular culture.’

The stegosaurus specimen to be auctioned by Sotheby's
The 150-million-year-old fossil, known as ‘Apex’, measures 20ft x 11 ft and is ‘virtually complete’ / Image: Matthew Sherman

The fossil was discovered by a respected commercial palaeontologist, who has not been named, during an excavation of his private land. 

The palaeontologist is responsible for unearthing a number of specimens within the US, many of which are now housed in institutions around the world. 

[See also: Sotheby’s taps up former private client lawyer for European leadership role]

Content from our partners
How Flygreen is ascending into the future of private aviation
Stoneweg, Icona, and CBH Strengthen Partnership with Cromwell Acquisition, Adding €4 Billion AUM to Stoneweg
Why investors should consider investing in nature

Sales of dinosaur fossils are rare, with only a small number taking place each year, although some experts have raised concerns about specimens finding their way into private hands.

In a bid to ensure the ‘highest level of transparency’, Sotheby’s worked with the expert to meticulously document the entire process from excavation to restoration, preparation and mounting. 

Sotheby’s will be hoping for a similar performance to the record-breaking T-Rex skeleton that sold for $31.8 million at a Christie’s auction in 2023. The sale set a new world record for any dinosaur skeleton or fossil ever sold at auction.

The stegosaurus specimen will be displayed at Sotheby’s galleries in New York ahead of the auction on 17 July. 

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network