Investors Seize Opportunity to Own a Stegosaurus Skeleton
For the first time, investors have the unique opportunity to acquire a piece of prehistoric history through the fractional investment platform, Rally. A stegosaurus skeleton, dubbed “BCQ 24,” is now available, with 200,000 shares priced at $68.75 each. This remarkable fossil is drawing attention to a burgeoning trend in alternative investments, as interest in fractional ownership expands beyond traditional assets like art and collectibles to include dinosaur bones.
Rob Petrozzo, co-founder of Rally, highlights the rising trend of privately owned dinosaur fossils as collectibles, noting the enduring fascination of owning a relic from 150 million years ago. The recent sale of a stegosaurus called “Apex” for a staggering $44.6 million to billionaire Ken Griffin has set a new benchmark in the world of dinosaur sales, eclipsing the previous record held by “Stan,” the T-Rex. This spike in interest has led to eight dinosaur fossils selling for over $6 million in recent years, with buyers from regions such as the Middle East and Asia particularly eager to invest.
The story of “BCQ 24” began with fossil expert Thomas Lindgren, who uncovered signs of the stegosaurus at Wyoming’s Bone Cabin Quarry and brought it to Rally’s attention. Though only a segment of the skeleton was excavated at that point, Rally made the bold decision to acquire the fossil. Currently, 69% of the bones have been retrieved, and Petrozzo is optimistic about what further excavations may reveal.
Investors who purchase shares in “BCQ 24” can look forward to regular updates on the excavation process, featuring photos, videos, and a bone map to track new discoveries. Additionally, shareholders will have the chance to vote on a new name for the fossil. While some critics express concerns that the commercialization of rare dinosaur finds could impede academic research, Petrozzo is hopeful that private ownership can also enhance public education through museum exhibits.
Rally’s entrance into the world of dinosaur investments represents a significant milestone for the company, which has previously offered shares in unique assets such as a triceratops skull. Looking to the future, Petrozzo envisions branching out into other unconventional investments, including fractional ownership of sports teams. The outlook is bright for investors eager to claim their own piece of history.
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Rewritten sentence: “The mouse was pursued by the cat throughout the house.”
