Article Search

 T-Rex fails to impress Las Vegas bidders
    October 04 2009 at 11:49AM Get IOL on your
mobile at m.iol.co.za

Las Vegas, Nevada - A 66-million-old Tyrannosaurus Rex named Samson failed to sell at a Las Vegas auction on Saturday after the top bid of $3,6-million (about R28-million) fell way below the minimum price.

Samson, a female T-Rex found on a South Dakota ranch in 1992, also trailed the record $8,36-million that Sue, another T-Rex, sold for at a 1997 auction.

Sue, the most complete T-Rex ever found, has since become a blockbuster attraction in Chicago's Field Museum, which bought her.

But Samson, which is a little less well preserved, was one of 17 dinosaur and fossil items which failed to sell, in a sign of the depressed economy.
Continues Below ↓





Officials from auction house Bonhams & Butterfields attempted to put a positive face on the sale that netted more than 1.7 million dollars on 25 other dinosaur and fossil lots.

"I'm disappointed that we couldn't find a buyer, but we will, and I'm pretty happy with the results overall," Bonhams & Butterfields chief operating officer Patrick Meade said.

A pair of a less-known species of dinosaurs related to the triceratops, sold for 440 000 dollars -- below the 500 000 estimate noted in the prospectus but, according to Bonhams & Butterfields, a world auction record for such an item.

They were bought by Larry Lawson of Big Lake, Alaska, who spent about $1-million dollars in all. The 44-year-old oncologist said the items will adorn his home and offices and be available for schools to visit.

"I've been into this kind of stuff since I was a little boy," said Lawson, who was attending his first auction. "I just came to see who was going to buy the T-Rex and to see if I could get anything other than that. Then a lot of the prices just didn't get too bad."

Some items did top their estimates, including several of those bought by Las Vegas Sands Inc. chief executive officer Sheldon Adelson and his wife Miriam Adelson.


Continues...


Email StoryPrint Story
BOOKMARK THIS STORY
Social bookmarking allows users to save and categorise a personal collection of bookmarks and share them with others. This is different to using your own browser bookmarks which are available using the menus within your web browser.

Use the links below to share this article on the social bookmarking site of your choice.

Read more about social bookmarking at Wikipedia - Social Bookmarking

muti



     Related Articles
More A Step Beyond stories

Watch IOLs latest videos on YouTube Join IOLs Facebook page Follow IOL on Twitter





     Online Services

Date Your Destiny
 
I'm a 26 year old man looking to meet men between the ages of 18 and 100.
 

     More Services

     More A Step Beyond Stories