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A dinosaur skeleton that was only half-real sold at Christie's for $12 million. Paleontologists say it's part of a huge inflation problem driven by invisible, ultra-rich buyers
1 month ago | By Business Insider
Vicky Leta/Insider
An incomplete skeleton of the dinosaur deinonychus sold at Christie's for $12.4 million.
Two paleontologists said the sale represents an "alarming trend" in inflated prices on fossils.
They said wealthy private buyers are effectively pricing researchers and museums out of the market.
Some millionaires buy yachts, others buy Rolexes. Some buy dinosaurs. Christie's auction house sold a specimen of the dinosaur deinonychus , nicknamed "Hector," for $12.4 million late on Thursday. The sale price was more than doubling the estimated price that was placed on the lot...
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