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Full Breakdown

Rare “Nanotyrannus” Fossil “Jodi” Sells for $47.3 Million at Sotheby’s

By Drooid · · How we work

In this breakdown

01

Core Event

On October 27, 2026, a mounted Nanotyrannus skeleton nicknamed “Jodi” sold at a Sotheby’s auction in New York for $47.3 million, far above the $6 million–$9 million estimate. Six parties participated in a 12-minute live bidding war; the buyer’s identity was not disclosed.

02

Background & Context

The specimen was uncovered in 2019 on private land in Montana’s Hell Creek Formation by rancher Jodi Pierson and excavated by commercial paleontologist Clayton Phipps. It was displayed at London’s Frieze Masters art fair in 2023 as “Chomper.” A 2025 study confirmed Nanotyrannus as a distinct genus, citing over 150 anatomical differences from Tyrannosaurus rex.

Visual evidence

© Matthew Sherman 2026
© Matthew Sherman 2026Photo: observer
"Jodi," an approximately 67-million-year-old Nanotyrannus disocovered in the Hell Creek Formation in Montana
"Jodi," an approximately 67-million-year-old Nanotyrannus disocovered in the Hell Creek Formation in MontanaPhoto: artnews
The blockbuster price tag for “Jodi,” as the skeleton is nicknamed, makes it the second-priciest set of dinosaur bones ever sold. AP
The blockbuster price tag for “Jodi,” as the skeleton is nicknamed, makes it the second-priciest set of dinosaur bones ever sold. APPhoto: nypost

03

Data & Statistics

  • Sale price: $47.3 million (including fees)
  • Pre-sale estimate: $6 million–$9 million
  • Known specimens: three relatively complete Nanotyrannus skeletons worldwide
  • Bone elements: ~191 pieces, including a virtually complete skull with 53 bones and ~50 teeth
  • Size: height 6.5 ft–9.5 ft; length ~19.6 ft (6 m)
  • Age: ~67 million years (Maastrichtian, Late Cretaceous)

04

Official Statements & Responses

Sotheby’s thanked the fossil-hunting team featured on *Dino Hunters*. Cassandra Hatton, head of science and natural history, said the specimen’s preservation “has helped bring us to this moment, a testament to the fact that we can all make major contributions to science.”

05

Conflicting Reports & Gaps

Sources differ on height: the New York Post lists 6.5 ft, the BBC “roughly 10 ft,” CNN 9.6 ft, and the Observer 9 ft 6 in. All agree on a length of about 19.6 ft. No details are available on the buyer’s plans beyond rights to create replicas.

06

Why It Matters / Impact

The sale revives debate over private ownership versus scientific preservation. In the U.S., fossils on private land can be sold, unlike many countries where they are national heritage. Proponents argue private funding enables discoveries; opponents fear a price “bubble” that could hinder research and public education.

07

What’s Next

The buyer holds “full rights,” permitting replica production for museums or collectors. Whether the specimen will be displayed publicly or remain in a private collection is still unknown.