Randy Guijarro purchased some antique images in 2010 and one in particular stood out to him: a black-and-white photograph of people playing croquet in the countryside.Randy Guijarro purchased some antique images in 2010 and one in particular stood out to him: a black-and-white photograph of people playing croquet in the countryside. He had no idea how essential that photograph was. The folks in the photo are none other than famed bandit Billy the Kid and his gang of Regulators, according to Americana specialist Kagin’s Inc.

This is only the second known photograph of Billy the Kid, and it is the first to include the Regulators. An 1880 photograph of Billy the Kid sold for $2.3 million at auction in 2011. Guijarro’s 1878 photograph is projected to sell for $5 million! The executive director of a new Billy the Kid documentary, “Billy the Kid – New Evidence,” Jeff Aiello, told ABC 30’s Dale Yurong that this shot is “the rarest photograph in the world.” And here’s the best part:

Guijarro paid how much for this historic photograph? Talk about a good investment…two dollars!The finest aspect of this story is that Guijarro bought the photo because he liked the way it looked, which is crucial when it comes to antiques. In the accompanying KOAT news broadcast, you can see the shot up close and learn more about Guijarro’s historic discovery.