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John Thomas graduated with a bachelor’s degree in biochemistry with honors and a minor in mathematics from the University of California at Los Angeles (U.C.L.A.) in 1974. He moved to Tokyo, Japan where he was employed by a medium-sized Japanese securities house. Thomas became fluent in Japanese... More
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  • Watch Out For Those Dinosaur Turds 1 comment
    Oct 1, 2012 2:16 AM

    The dinosaur bone market has crunched. Once a favorite collectible of high-flying hedge fund managers, the prices of everything from tyrannosaurus rex to brontosaurus fossils have skidded. A recent auction of a triceratops skeleton failed to reach its minimum bid of $1 million. Even prices for fossilized dinosaur excrement, a popular niche market, have gone down the toilet.

    The all-time high for these specimens was hit ten years ago when a T-rex named "Sue" sold for $10 million, which, after much litigation, ended up in the Field Museum in Chicago. Floor traders in the pits should pay a visit to the museum to see what a real predator really looks like. Dealers were hoping that the sale of a rare three foot tall, 18,000 year old possible pre human hominid, homo floresienses, discovered in Indonesia, would help revive the market. Alas, the price came up short.

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  • Michael Clark
    , contributor
    Comments (8356) | Send Message
     
    Dinosaurs are 'dinosaurs' finally. Only a time now before Van Gogh becomes a Van Gogh.
    1 Oct 2012, 05:57 AM Reply Like
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