Black Hills Institute Of Geological Research, Inc.
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The Black Hills Institute of Geological Research, Inc. (BHI) is a private
corporation A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and r ...
specializing in the excavation and preparation of
fossil A fossil (from Classical Latin , ) is any preserved remains, impression, or trace of any once-living thing from a past geological age. Examples include bones, shells, exoskeletons, stone imprints of animals or microbes, objects preserved ...
s, as well as the sale of both original fossil material and museum-quality replicas. Founded in 1974 and based in Hill City,
South Dakota South Dakota (; Sioux language, Sioux: , ) is a U.S. state in the West North Central states, North Central region of the United States. It is also part of the Great Plains. South Dakota is named after the Lakota people, Lakota and Dakota peo ...
, the company is most famous for excavating and selling replicas of some of the most complete specimens of ''Tyrannosaurus rex'', including " Sue", "
Stan Stan or STAN may refer to: People * Stan (given name), a list of people with the given name ** Stan Laurel (1890–1965), English comic actor, part of duo Laurel and Hardy * Stan (surname), a Romanian surname * Stan! (born 1964), American author ...
" and " Trix". In March 1992, BHI owners founded the Black Hills Museum of Natural History in Hill City, a non-profit paleontological museum which is controlled by an independent Board of Directors. In May 1992, the remains of "Sue" were seized from the BHI by the
Federal Bureau of Investigation The Federal Bureau of Investigation (FBI) is the domestic intelligence and security service of the United States and its principal federal law enforcement agency. Operating under the jurisdiction of the United States Department of Justice, ...
and were auctioned off five years later to the
Field Museum of Natural History The Field Museum of Natural History (FMNH), also known as The Field Museum, is a natural history museum in Chicago, Illinois, and is one of the largest such museums in the world. The museum is popular for the size and quality of its educational ...
in
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
,
Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolita ...
for
US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
7.6 million – the highest price ever paid for a fossil at the time.


See also

*
Peter Larson Peter Lars Larson (born 1952) is an American fossil expert and president of the Black Hills Institute of Geological Research. He led the team that excavated " Sue", one of the largest and most complete specimen of ''Tyrannosaurus rex'' found to ...


References


External links


Official website
Fossil trade in the United States Companies based in South Dakota Paleontology in South Dakota {{US-company-stub 1974 establishments in South Dakota American companies established in 1974