$2 buy authenticated as Billy the Kid photo; valued at $5M - WMC Action News 5 - Memphis, Tennessee

$2 buy authenticated as Billy the Kid photo; valued at $5M

A photograph believed to be of gunslinger Billy the Kid (left) was found in an antique store in Fresno, CA. (Source: Jeff Aiello/Facebook)) A photograph believed to be of gunslinger Billy the Kid (left) was found in an antique store in Fresno, CA. (Source: Jeff Aiello/Facebook))
A full shot of the tintype photograph authenticated as Billy the Kid and the 'Regulators.' (Source: Jeff Aiello/Facebook) A full shot of the tintype photograph authenticated as Billy the Kid and the 'Regulators.' (Source: Jeff Aiello/Facebook)

(RNN) - A $2 purchase at an antique store may have turned out to be a $5 million find - a photograph of Billy the Kid.

According to the San Francisco Gate, Randy Guijarro picked out three old pictures he liked from a box at a store in Fresno, CA, in 2010. He didn’t know it at the time, but one of the tintype photos he bought showed William H. Bonney, aka the Kid, playing croquet, according to authenticators.

Its discovery would make it the second known photo of the legendary outlaw.

Collectibles analysts at Kagins Incorporated said they studied the tintype for more than a year, KOB reported. They believe it was taken in 1878 and shows the Kid along with the other "Regulators" that were deputized during the Lincoln County War.

Sallie Chisum, whose journals provided first-hand accounts of Bonney's exploits, is also in the photo, Kagins said.

Jeff Aiello, executive director of the documentary Billy the Kid: New Evidence, told the Gate it was "the holy grail of not just western photography; it's the holy grail of photography."

Billy the Kid: New Evidence is scheduled to air at 9 p.m. ET Sunday on the National Geographic Channel.

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