Complete dinosaur skeleton a no-sale at NYC auction

Image courtesy I.M. Chait.
NEW YORK (AP) – A rare full skeleton of a 150 million-year-old dinosaur languished on an auction block Saturday, failing to sell despite interest from two museums, the auctioneers said.
Neither museum could meet the less than $300,000 minimum price for the 9-foot-long fossil of a dryosaurus, said Josh Chait, operations director of I.M. Chait Gallery/Auctioneers.
The stumbling block “was a lack of funding, more than the price,” he said.
He said the gallery was still trying to broker a deal and had agreed to waive its commission if the fossil sold to a museum. He declined to identify the institutions that were interested.
The dryosaurus was a long-necked, plant-eating reptile that lived in the Jurassic Period.
The skeleton, unearthed at a private quarry in southern Wyoming in 1993, was being sold by Western Paleontological Laboratories Inc. The Lehi, Utah-based company searches for fossils and keeps some for display and scientific research.