Rare 'mini T. rex' dinosaur skeleton sells for $47.3m in New York, more than FIVE TIMES Sotheby's top estimate

A mystery bidder paid $47.3 million for "Jodi," a near-complete Nanotyrannus skeleton, after a 12-minute bidding war between six buyers at Sotheby's in New York on Tuesday. The result makes "Jodi" the second most expensive dinosaur fossil ever sold, behind only the $50.1 million paid for T. rex "Gus" at the same auction house this summer. Sotheby's had placed the pre-sale estimate at just $6 to $9 million.
"Jodi" is one of only three known Nanotyrannus skeletons in existence, standing 6.5 feet tall and stretching nearly 20 feet long.
The skeleton was discovered in 2019 by Montana rancher Jodi Pierson, after whom it is named, and excavated by fossil hunters featured in the Discovery Channel series 'Dino Hunters'.
Critics warn that sky-high auction prices routinely price out museums and universities, removing rare specimens from public and scientific reach.
