✓ verbatim from the press ? no verbatim passage
A handbag made from leather cultivated from Tyrannosaurus rex cells failed to sell at auction on Thursday (11) at the Drouot house in Paris because bids did not reach the expected minimum price. The unique piece, estimated between €300,000 and €500,000 ($1.8 million to $3 million), received offers of only €150,000 — half the initial estimate. ?
Press quotes (2)
"A leather bag made from Tyrannosaurus rex cells failed to sell on Thursday, the Paris auction house Drouot said"
"Giquello estimated the value at between 300,000 and 500,000 euros ($346,000 to $576,000)."
The bag was created by techwear brand Enfin Levé, founded by Polish designer Michal Hadas, using collagen traces found 25 years ago in a T-Rex femur in Montana, United States. Auctioneer Alexandre Giquello had promoted the piece as "one-of-a-kind" and expected it to exceed $500,000. ✓
Press quotes (2)
"A bolsa foi criada exclusivamente pela marca de techwear Enfin Levé, fundada pelo designer polonês Michal Hadas."
"Auctioneers Giquello had touted the "one-of-a-kind" piece to sell for more than $500,000"
According to Iacopo Briano, a paleontology specialist associated with the sale, the technique involves biotechnology to "give instructions to a cell culture to build, so to speak, in the laboratory, authentic T-Rex skin." The material differs from vegan leather made from plastic because it starts from cell culture, resulting in "100% skin" from an animal extinct for 67 million years. ✓
Press quotes (1)
"Nos últimos anos conseguimos desenvolver técnicas, biotecnologias com as quais podemos dar instruções a uma cultura celular para construir, entre aspas, em laboratório, pele autêntica de T-Rex", explicou recentemente à AFP Iacopo Briano"
The Drouot house described the product as "an unprecedented object in luxury history" and a "scientific feat" that allows creating leather without resorting to livestock farming. The starting price was set at €100,000, but bidding stopped at €150,000, insufficient to complete the sale. ✓
Press quotes (1)
"um objeto sem precedentes na história do luxo" e uma "proeza científica", que permite criar couro "sem recorrer em absoluto à pecuária"
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What was the specific reason why buyers did not offer higher bids?
Why it's still unknown: No consulted source detailed the reasons of potential buyers for the low bids
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How many people actually participated in the live auction?
Why it's still unknown: Sources did not report the number of participants or bidders at the event
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Will the bag be re-auctioned or sold through other means?
Why it's still unknown: There is no information about future plans for commercializing the piece after the auction failure