Billionaire William Koch Pays $2.3 million for Photo

The energy billionaire William Koch bought a photograph of Billy the Kid for $2.3 million at an auction held by Old West Auction in Denver, Colorado. This is the only known photo of Billy the Kid known to exist. The estimate was $300,000 to $400,000.

The picture is from approximately 1879 and shows 'The Kid' with a Winchester carbine and a Colt 45 pistol.


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