Billy The Kid Image Sells For More Than $2M

DENVER (AP) -- What is believed to be the only surviving, authenticated portrait of Billy the Kid went up for auction in Denver and sold for more than $2.3 million.

The tintype on Saturday evening went to private collector William Koch at Brian Lebel's 22nd Annual Old West Show & Auction, where auction spokeswoman Melissa McCracken said the image of the 1800s outlaw was the most expensive piece ever sold at the event

A 15 percent fee was tacked on to the bidding price, making selling price more than $2.6 million.

Organizers had expected it could fetch between $300,000 and $400,000.

The tintype is believed to have been taken in 1879 or 1880 in Fort Sumner, N.M. It shows Kid standing with his hand resting on a Winchester carbine on his right side and a Colt revolver holstered on his left side.

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