London, June 27 (ANI): Wild West gunslinger Billy the Kid's only existing picture has fetched 1.4 million pounds at Brian Lebel's annual Old West Auction in Denver.
Florida billionaire William Koch, an energy company executive and well-known collector of art and American West artefacts, placed the winning bid in person at the auction.
Auctioneer Brian Lebel said that he expected the tintype image to sell for between 188,000 pounds and 250,000 pounds.
Koch said after the auction that he plans to allow some small museums to display the piece, and after that he will "just enjoy" the iconic piece.
"I love the old West," the Telegraph quoted him as saying.
"This is a part of American history," he added.
The metallic photo, taken outside a Fort Sumner, New Mexico, saloon in late 1879 or early 1880, depicts the outlaw gripping the upright barrel of a Winchester carbine, with a Colt 45 pistol strapped to his hip.
The photograph was owned by the descendants of Dan Dedrick, who was given the photo by his cattle rustling partner, Billy the Kid himself. (ANI)
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