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Posted: October 14, 2015

$2 junk-store find turns out to be $5M Billy the Kid photo

By Cox Media Group National Content Desk

FRESNO, Calif. —

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Talk about a bargain.

In 2010, collector Randy Guijarro bought three old photos at a Fresno, California, junk shop, according to KFSN-TV. One of the images – a black-and-white country scene of people playing croquet – really jumped out at him.

"So I picked it back up and said, 'It's got a hole on top, kind of beat up,'" he told KFSN. "OK, so I got those three photographs for 2 bucks."

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It turns out that the photo is worth much, much more. Kagin's Incorporated, an Americana expert based in Tiburon, California, says the image, circa 1878, shows Billy the Kid and his gang, the "Regulators." Its value? $5 million.

There's only one other known photo of the outlaw, which sold for $2.3 million in 2011. 

"This is the first photograph ever discovered of Billy the Kid with the Regulators, period," said Jeff Aiello, executive director of "Billy the Kid: New Evidence," a documentary that will air at 9 p.m. Sunday on the National Geographic channel. "And that's significant in American history."

Aiello added, "It's the holy grail of photography. It is the rarest photograph in the world, and it was found in a Fresno junk shop."

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The #1 Free Home Show in the Miami Valley is almost here

The event formerly known as Home World has a new name and new location. Get totally inspired for spring as you find hundreds of ways to improve your home. Make your home the one you really want. Show open daily during mall hours.  Admission is free! 

  • Landscaping and Outdoors

Get ready for Spring and Summer and transform your outdoor space into something that feels like you’re on vacation

  • Demonstration Stage

Make sure to visit our demonstration stage during the entire show. There will be exciting demonstrations on how to re-purpose and design thanks to Monarch Market Affair

  • Meet Barry Williams from The Brady Bunch 
  • Join us as we welcome Me-TV superstar Barry Williams who played the iconic Greg Brady from The Brady Bunch TV Show. Meet him and get an autograph on February 10th stage side at center court in front of Macy’s. 
  • The line will start forming when the Mall Opens, and Barry’s First appearance will be at 11 a.m.
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  • There will be a Q&A session with Barry at 1 p.m. 
  • Enter to win a Me-TV Prize Pack and be the first to meet Barry Williams

For more information on this year’s big event and how your business can participate visit HomeExpoDayton.com