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Dinosaurs as Luxury Assets | Science News
A nearly complete T. rex skeleton just sold for $50.1 million, marking a seismic shift in fossil markets where dinosaurs are now luxury assets for billionaires and celebrities—not science museums. Once valued at a million dollars, fossils now command tens of millions, turning paleontology into a high-stakes auction game. This boom fuels illegal digs, risks scientific loss, and sidelines public institutions that rely on fossils for research and education. As fossils become alternative investments, their future accessibility—and our collective understanding of prehistoric life—hangs in the…
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