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As bidding progressed, it became evident that specimens like Apex command astronomical prices due to their rarity and scientific value. The auction highlighted the inflationary trend in fossil markets driven by collector demand and media influence, with Hollywood's portrayal of dinosaurs fueling public fascination.
The Rising Price and Its Implications
The record-breaking sale underscores a significant inflation in fossil prices over recent years. Experts suggest that a combination of factors—Hollywood's influence, serious collectors, and the scientific community—has driven prices upward. For example, the market sees a sharp increase in the value of T-Rex teeth, which now sell at rates around $10,000 per inch, compared to previous figures of about $1,000 per inch.