Peter Larson

Peter Lars Larson is an American fossil dealer who is head of the Black Hills Institute of Geological Research, which specialises in the excavation and preparation of fossils.

He led the team that excavated "Sue", one of the largest and most complete Specimens of Tyrannosaurus rex, which was the subject of a legal dispute resulting in its seizure and public auction.

He graduated with a bachelor's degree in 1974.

Shortly after graduating college he started Black Hills Minerals.

Larson founded what eventually became the Black Hills Institute in 1974.

Robert Farrar and Neal Larson, his brother, later joined the company with 5 percent ownership and 35 percent, respectively, to Larson's 60 percent.

In 1990, Larson led the excavation of a substantially complete Tyrannosaurus rex skeleton later named "Sue".

Larson paid the Sioux owner of the ranch on which the specimen was located, Maurice Williams, $5,000 for the find.

On 14 May 1992, a raid led by the U.S. Attorney Kevin Shieffer with 35 F.B.I. agents and 20 National Guardsmen recovered the Tyrannosaurus rex named "Sue" from Larson's commercial fossil dealership, the Black Hills Institute of Geological Research.

The federal agents seized the fossil of "Sue", along with other fossils and records.

The specimen was taken by the Bureau of Indian Affairs.

Although Larson had paid the landowner for the find, Williams had reportedly changed his mind, and the U.S. Attorney charged that the fossil had been illegally taken from land under Federal administration, because the deeded land fell within the borders of a Native American reservation and the parcel itself was held by the Bureau of Indian Affairs for the benefit of its Native landowner.

In 1992, Larson's team helped to discover the Tyrannosaurus rex specimen, Stan.

The Justice Department charged Larson with conspiracy, obstruction of justice, illegal collection of fossils, theft of government property, wire fraud, making false statements to government agents and customs violations in November 1993.

Following a trial on charges unrelated to "Sue", Larson was found guilty and convicted of two felony counts for United States customs violations involving cash brought from overseas, as well as two misdemeanours relating to illegally taking two fossils from federal land.

Of the 149 charges faced by Larson and other Black Hills associates, the jury acquitted the defendants of 73 charges, found them guilty of 8 charges and did not reach a verdict on 68 charges.

Richard Battey sentenced Larson to two years in Federal prison.

Larson appealed to the Eighth Circuit Court against his conviction and was denied.

Larson ended up serving 18 months in minimum security prison at the Federal Correctional Complex, Florence, Colorado.

In 1996, Larson was convicted of customs violations related to failing to declare money he had brought from overseas as well as taking two fossils from federal land, and served 18 months in prison.

He has published scientific and popular works on dinosaur paleontology.

Larson has been criticized by paleontologists for his commercial enterprises and support of private collections.

Peter Larson grew up on a ranch near Mission, South Dakota.

He began rock hunting at the age of four on his parents' ranch.

He attended the South Dakota School of Mines to study paleontology.

After the auction of Sue in 1997, which resulted in its sale to the Field Museum, Williams received $7.6 million.

Keith Nelson, the lead investigator for the Internal Revenue Service, said the evidence recovered at the Black Hills Institute was more than could have been investigated with "so many bones, so many animals, so many invertebrates that were taken off of public lands, taken internationally, sold internationally."

In 1997, Larson told the PBS television program Nova that "The government's wrong. The government is not correct in what they've done here."

In 2012, Larson fired his brother, Neal, from the Black Hills Institute amid personal differences.

In 2013, Larson and colleagues began excavating at a site located in Wyoming, US containing the remnants of three nearly complete skeletons of Triceratops.

Neal, owning a 35% share of the company, filed a lawsuit against Larson and others in 2015 alleging that he was being oppressed as a shareholder.

He sought to liquidate the company to buy out his 35% share ownership and part ways.

The court ruled that Neal's shareholder rights had been violated when he was not invited nor allowed to speak at the meeting where he was fired.

The Black Hills Institute did not have enough cash for a buyout, causing Larson's fossil collection to be appraised.

Several years later, the court ruled that Neal would receive the Tyrannosaurus rex skeleton "Stan", which was appraised at a value of $6 million at the time.

"Stan" was sold for $32 million in 2020.

Larson has written and co-authored numerous publications on dinosaurs.

He was one of the first to work with T. rex bone pathologies, has worked to uncover sexual dimorphism in the chevron length of T. rex, and argues that several juvenile T. rex skeletons actually represent a distinct genus, Nanotyrannus.

Larson, along with paleontologist Kenneth Carpenter, edited the scholarly text Tyrannosaurus Rex, the Tyrant King.

Larson and his ex-wife Kristin Donnan wrote the book, Rex Appeal, about the U.S. Government taking possession of "Sue" following its excavation.