Does This Photo Really Show Billy the Kid? It's a $5 Million Question

Randy Guijarro spent years trying to prove that his $2 picture shows the famous outlaw. Now, an auction house has insured it for $5 million.

Randy Guijarro bought three old photographs from a Fresno County, California, memorabilia shop because he liked the way they looked. But when he examined them more closely, he realized that one could be a rare photo of Billy the Kid, along with four of his gang members and his girlfriend.

Guijarro and his wife, Linda, spent the next five years researching and collecting evidence to prove it. Now it seems like their work is about to pay off. This month, an auction house authenticated it as one of only two known photos of the infamous American outlaw and insured it for $5 million.

Some experts claim that the photo isn’t really a picture of the infamous outlaw. To date, only one

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