T-rex skeletons are worth tens of millions of dollars, based on previous sales. In 2020, one sold for US$38.1 million (NZ$45m) at Christie's in New York.
The fossil was discovered in Wyoming, United States, in 2018 and is one of just 20 T-rex skeletons on exhibit in the world.
Peter is considered one of the most complete fossils of the iconic dinosaur ever found, at 47 per cent fossilised bone.