I study the growth and evolution of Tyrannosaurus rex and its closest relatives.Ĭarr is one of the country’s foremost experts on Tyrannosaurus rex. Someone like -ĬARR: Thomas Carr, Ph.D., Director of the Carthage Institute of Paleontology. In most cases, you also have to be a credentialed scientist. And, here in the United States, fossils on public land are protected by law - you need permission from the Bureau of Land Management to conduct searches. rex excavated since then - that’s around 140 of them - were also found there.Ī lot of that land is publicly owned. rex discovery was made in the Hell Creek Formation in 1902. It dates back to the Cretaceous age, which ended around 66 million years ago. Well, if you want to find one in the ground, your best bet is to head to the Hell Creek Formation, a stretch of rock that runs through Montana, Wyoming, and the Dakotas. rex - or, at least, part of one - at a natural history museum. That’s a lot of work and, you know, somebody has to pay for that.įor the Freakonomics Radio Network, this is The Economics of Everyday Things. The object on the block? A Tyrannosaurus rex skeleton named “Stan.” With fees, it went for just under $32 million dollars - more than five times its minimum estimated sale price.įor the man who helped discover Stan, it was validation of a job well done. $27,100,000 …ĪUCTIONEER: We’ve come this far … okay $27,500,000 … fair warning, I’m happy to sell this … and … sold! Thank you very much. Twenty-seven one, please…ĪUCTIONEER: We’re all waiting with baited breath. Really?! Uh, twenty sev-īIDDER: Yes, really. But the lot that fetched the highest price was not a painting.ĪUCTIONEER: Lot number 59…. It included paintings from some of history’s most venerated artists - Picasso, Rothko, Cézanne. ![]() In October of 2020, there was a hotly anticipated auction at Christie’s in New York City.
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