Dinosaur trade seeks Wall Street status

Demand for dinosaur artefacts is rising, with Jurassic fragments selling for as much as $20,000 and full skeletons making more than €500,000

9th November, 2011
Dinosaur trade seeks Wall Street status
The complete skeleton of a 33-foot Allosaurus. Sotheby's sold it in October at a world record price for a dinosaur at auction.

The Standard & Poor’s Global Luxury Index fails to reflect the escalating demand for dinosaurs.

“Investability is a key criterion for index selection,” says Standard & Poor’s public-relations manager Dave Guarino. “While luxury dealers exist in dinosaur skin and bones, they’re not typically the large and liquid companies we look for."

Hal Prandi, one of the two guys at Two Guys Fossils, shrugs off S&P’s evaluation...

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