Ceratosaur Fossil Auctioned for $30.5 Million by Sotheby’s

Sotheby's recently auctioned a rare 150-million-year-old fossil of a juvenile ceratosaur dinosaur for $30.5 million, making it the third-highest price ever paid for a dinosaur fossil. The ceratosaur was a predatory dinosaur that lived during the Late Jurassic period. The fossil, which is approximately 75% complete, was sold to an anonymous buyer. It is considered a significant discovery, as complete ceratosaur fossils are relatively rare. The auction price highlights the growing demand and appreciation for rare and well-preserved prehistoric specimens, particularly among private collectors and museums. The sale underscores the increasing value and importance of paleontological discoveries, which can provide valuable insights into the evolutionary history of life on Earth. The high price paid for this fossil reflects the rarity and scientific importance of such finds, and the ongoing interest in understanding the ancient past.