A team led by Larson unearthed and restored another Tyrannosaurus named Stan and created replicas of what some call the world's second-finest T. rex fossil. Stan's fossilized bones were found by amateur paleontologist Stan Sacrison in the Hell Creek Formation near Buffalo, South Dakota in 1987. After a public feud and lawsuit the first Stan was awarded to Pete's brother, Neal who then teamed up with geologist Walter W. Stein Bill.
Today, Schieffer is a lifetime contributor to the South Dakota Hall of Fame into which Pete Larson has been inducted.
In 2013 then-Governor Denny Daugaard appointed the disgraced Schieffer to the South Dakota Board of Regents.
In 2019 a replica of Stan was moved from the lobby of the New Mexico Museum of Natural History and Science to Farmington to make room for Albuquerque's new Bisti Beast exhibit. The original Stan sold for nearly $32 million in 2020 to an anonymous buyer and today is in a museum in Abu Dhabi.
In 2022, auction house Christie's withdrew a T-rex skeleton from an event after experts, including Larson, noticed just 79 original bones and over 200 cast from Stan in the fossil known as Shen which was excavated from a portion of the Hell Creek Formation in McCone County, Montana.
Pete Larson has since co-authored and published findings from a study of the effects the Chicxulub asteroid impact had on Laramidia after the Cretaceous–Paleogene extinction and on the Hell Creek Formation near Tanis, North Dakota.
"A Visionary in Paleontology:" Operating from Hill City, SD, for over 50 years, Peter Larson heads Black Hills Institute, the world’s largest private fossil company. Internationally known for work with T. rex specimens Sue and Stan, he has authored over 80 scientific articles, shaped federal fossil collection policy, and built a collaborative community spanning business, academia, and government. Peter believes discovery is richer when done together. [press release]
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