Signor–Lipps effect
The Signor-Lipps effect is a paleontological principle proposed in 1982 by Philip W. Signor and Jere H. Lipps which states that, since the fossil record of organisms is never complete, neither the first nor the last organism in a given taxon will be recorded as a fossil. The Signor-Lipps effect is often applied specifically to cases of the youngest-known fossils of a taxon failing to represent the last appearance of an organism.