Guys buys Photo for $2 later, he realized its true value is $2 Million

Randy Guijarro, an aggregator has always enjoyed collecting. Coins, comic books and sports cards are among his favorite memorabilia. His wife, Linda, is also an enthusiast of these things. She is a fan of old photographs, and the pair loved sharing their interests with each other.

However, in the summer of 2010, Randy’s hobby would take a massive turn that will change his life for the better. One day, he was passing by Fulton’s Folly Antiques, a store located in the Tower district of Fresno, California. Spotting an empty parking space out front, on a whim, he decided to take a look inside.

Inside the store, he encountered two men who had recently purchased a storage unit at auction, and were looking to clear it of what they believed to be junk. Among their possessions was a cardboard box, and the curious Randy, took a closer look.

Inside, Randy discovered three old photographs, all depicting 19th century scenes. Deciding that he liked the looks of these, he offered the men everything he has on his pockets, a total sum of $2. They accepted his offer, he happily returned home with three new additions to his growing collection.

Among the three photographs, one stood out and looked very familiar to Randy. A tintype of 20 square inches, it showed a group of figures engaged in a civilized game of croquet. However, when he looked at it through a microscope, he realized that there was more to it than what first met his eye.

Incredibly, Randy became convinced that one of the men in the photograph was Billy the Kid, the iconic celebrity of America’s Wild West. “You could put a Winchester rifle in his hands,” he told The Guardian in 2015. “It was the hat, the stance, him leaning on a croquet stick. I thought, my lord, it’s Billy the Kid,” he added.

Stunned, Randy called Linda, and the pair began investigating deeper. It was then that they discovered that two other men in the photograph were the spit of Charlie Bowdre and Tom O’Folliard, both members of Billy’s notorious gang the Regulators, they knew then that they were on to something big.

By 1877, McCarty had taken on the alias of William H. Bonney. After killing a blacksmith in Arizona, he fled to New Mexico, where he hooked up with the Regulators. They were a group of cattle rustlers in the employ of John Tunstall, an English rancher. When Tunstall was killed by rival gangs, it sparked a conflict known as the Lincoln County War.

As the rival factions battled each other for control of the region, Bonney’s infamy grew. Now dubbed Billy the Kid by the press, he found himself blamed for every crime that the Regulators committed. Then, in 1878, William J. Brady, the County Sheriff of Lincoln, and two other men were killed in a shoot-out with the gang.

Now charged with murder, Bonney was finally captured in December 1880 and sentenced to hang the following May. Dramatically, that April, he escaped from jail yet again. For two months he managed to evade capture, before Sheriff Pat Garrett finally tracked him down to Fort Sumner, NM, in July 1881.

Recognizing the man who had eluded the law for so long, Garrett struck Bonney down with a fatal shot to the chest. However, there were some who refused to believe that the outlaw was really dead. In fact, claims that Bonney’s death was somehow faked continue to be investigated to this day.

For a figure so rooted in history, myth and popular culture, little of Billy the Kid’s legacy remains. Among the few relics that can be positively linked to the outlaw is a single photograph, taken around 1880. In 2011 an American businessman bought the original for $2.3 million.

Perhaps unsurprisingly, finding another Billy the Kid photograph has become something of a Holy Grail to those interested in the history of the Wild West. So when Randy and Linda thought they had identified the outlaw in their thrift store find, it was quite the exciting discovery.

After a year of researching the photograph, Randy and Linda began trying to spread the word about their discovery. However, they soon found that not everyone was quite so willing to believe it. In 2012 they took the snap to Witherell’s Old West Show in Northern California’s Grass Valley.

There, Randy and Linda tried to bring their find to the attention of Brian Lebel, the man who had brokered the deal on the 1880 photograph. Unfortunately, they claim that another expert arrived and dismissed their discovery out of hand, pointing out that they had no proof that the man in the picture was actually Billy the Kid.

It was the start of a lengthy process that would consume the next three years of Randy and Linda’s lives. Eventually, they pieced together a team of specialists, using techniques such as facial recognition software to try and prove that the photograph was the real deal. Then, in 2015, the National Geographic documentary Billy the Kid: New Evidence was released.

In the documentary, the evidence to support the photograph’s authenticity is laid out in full. However, some experts have yet to be convinced. “No one in our office thinks this photo is of the Kid,” wrote True West magazine in 2015.

However, these naysayers don’t seem to have stood in the way for the Guijarros and their pursuit of fortune. In fact, in the same month that the documentary was released, California auction house Kagin’s deemed the photo authentic and insured the image for $5 million. Meanwhile, Randy dreams that his discovery will inspire a movement. “I hope this prompts others out there to look into trunks and attics,” he said, “because there are so many lost treasures out there.”