More Market Perspectives

Modernize The Fossil Trade

by J. Bishop Grewell and Matthew Brown

Fort Peck Dinosaur Discoveries of McCone County, Montana, is trying to save debt-ridden ranchers by helping them harvest dinosaur bones. Tourists can hunt for bones on private land, accompanied by a guide, and will receive a finder's fee for any specimens they manage to track down. Dinosaur Discoveries will sell the fossils and share half the profit with the landowner. The fossils' purchasers (be they museums or private corporations) will do the actual excavation.

By finding fossils, the firm is protecting them from their most serious danger, erosion. However, the company can only operate on private land.

At present, it is illegal for a company like Dinosaur Discoveries to collect fossils on public lands. Only paleontologists with government permits can collect fossils on public land, and only the government can own fossils from public land (although they can remain in approved repositories such as museums and universities).

There are only about fifty academic dinosaur paleontologists in the United States. Yet thousands of fossils come to the surface each year, and the Paleontological Society's Code of Fossil Collecting states that leaving them uncollected "assures their degradation and ultimate loss" through weathering and erosion.

Private entrepreneurs and collectors, like Dinosaur Discoveries, argue that private individuals should be allowed access to the fossils on public lands and ownership of any fossils they find-"finders-keepers." Many paleontologists disagree. They say that private hunting would remove fossils from the public sector to private collections, hurting science and education. They also claim that the profit motive would lead to quick, poor-quality expeditions.

In our view, that way of thinking is behind the times. A number of joint ventures among museums, universities and businesses are ensuring that valuable scientific discoveries are made in paleontology.

Recently the Chicago Field Museum, with financial support from McDonald's, Disney World, and other groups, purchased the T-Rex skeleton "Sue." Because it was discovered on private property in Montana, it could be sold at auction. Despite the great uproar from scientists who didn't want it to be auctioned, but rather donated to a museum, the sale of Sue showed that valuable scientific discoveries can be distributed through the market.

Paleontologist Robert Bakker, curator of the Tate Museum in Casper, Wyoming, admits, "There is a class system. We guys with Ph.D.s think that we have a Godgiven right to dictate where and how specimens are collected. That is narrow-minded, and not in the public interest." In fact, many of history's most important dinosaur discoveries were made not by professionals, but by amateurs:

  • Two of the world's 14 complete T-Rex skeletons (as of 1993) were discovered by Stan Sacrison, a plumber and electrician who spends his spare time searching for fossils.
  • The American Museum of Natural History in New York began its dinosaur collection with contributions from wealthy adventurers who sought them just for fun.
  • Most of the major fossil collections in English museums, including the famed London Museum of Natural History, owe their impressive collections to the work of a single English family, the Annings, who took up fossil hunting to support themselves in the early 1800s.
    • Rather than enforcing an elitist regulation that limits discoveries like these, the law should allow private groups to become involved in the process. It would mean more competition for professional paleontologists, but it also would mean more scientific discoveries and a greater understanding of the past.

      J. Bishop Grewell and Matthew Brown are researchers at PERC.

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J. Bishop Grewell, is a former  research associate for PERC. He is a graduate of Stanford University, the Yale School of Forestry and Environmental Studies, and Northwestern Law School. He is currently practicing law in Chicago.
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