Investors have a rare opportunity to own a piece of history with the chance to invest in a stegosaurus skeleton known as “BCQ 24” on Rally’s fractional investment platform. This unique dinosaur fossil, with 200,000 shares available at $68.75 each, is sparking interest in a new trend of investing in one-of-a-kind assets. From artwork to collectibles, the market for fractional ownership is expanding, and now dinosaur bones are taking center stage.
Rob Petrozzo, co-founder of Rally, has noticed the increasing popularity of privatizing dinosaurs as collectibles, highlighting the timeless appeal of owning something as ancient as a 150 million-year-old stegosaurus. The recent sale of a stegosaurus named “Apex” to billionaire Ken Griffin for $44.6 million set a new record for dinosaur acquisitions, surpassing the previous high set by “Stan” the T-Rex. This surge in interest has seen eight dinosaur fossils sell for over $6 million in recent years, with buyers from the Middle East and Asia showing particular enthusiasm.
The journey of “BCQ 24” began when fossil expert Thomas Lindgren discovered evidence of the stegosaurus at Wyoming’s Bone Cabin Quarry and alerted Rally. Despite only a portion of the skeleton being unearthed at the time, Rally took a leap of faith in acquiring the fossil. With 69% of the bones now recovered, Petrozzo is optimistic about finding even more as the excavation continues.
Investors in “BCQ 24” can expect regular updates on the excavation process, including photos, videos, and a bone map showcasing new discoveries. Shareholders will also have the chance to participate in voting on a new name for the fossil. While there are concerns about the commercialization of rare dinosaurs potentially impacting academic research, Petrozzo remains hopeful that private buyers will contribute to public education through museum displays.
Rally’s venture into dinosaur ownership represents a new chapter for the company, which has previously offered shares in assets like a triceratops skull. Looking forward, Petrozzo envisions expanding into other unique investments, such as fractionalized sports team ownership. The future looks bright for investors looking to own a piece of history.
