A rare dinosaur fossil – known as ‘Spike’ – is about to go under the hammer in London, but you’ll need deep pockets, because industry insiders predict it could sell for more than ten million dollars.

The fossil trade is exploding around the world, with an increasing number of wealthy buyers keen to get their hands on a piece of prehistory.

But what does this mean for our scientific institutions? 

ABC NewsRadio’s Rhiannon Elston spoke with Kim McKay, CEO of the Australian Museum.