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The world's most valuable photographs

Photographs worth a fortune
Billy the Kid, Unknown: $2.3 million (£1.7m)
Billy the Kid, Unknown: $2.3 million (£1.7m)
Billy the Kid, Unknown: $2.3 million (£1.7m)
To Her Majesty, Gilbert & George: $2.5 million (£1.9m)
To Her Majesty, Gilbert & George: $2.5 million (£1.9m)
To Her Majesty, Gilbert & George: $2.5 million (£1.9m)
The Pond-Moonlight, Edward Steichen: $2.9 million (£2.2m)
The Pond-Moonlight, Edward Steichen: $2.9 million (£2.2m)
The Pond-Moonlight, Edward Steichen: $2.9 million (£2.2m)
Noire et Blanche, Man Ray: $2.9 million (£2.2m)
Noire et Blanche, Man Ray: $2.9 million (£2.2m)
Noire et Blanche, Man Ray: $2.9 million (£2.2m)
Chicago Board of Trade III, Andreas Gursky: $3.3 million (£2.5m)
Chicago Board of Trade III, Andreas Gursky: $3.3 million (£2.5m)
Chicago Board of Trade III, Andreas Gursky: $3.3 million (£2.5m)
99 Cent II, Diptychon, Andreas Gursky: $3.3 million (£2.5m)
99 Cent II, Diptychon, Andreas Gursky: $3.3 million (£2.5m)
99 Cent II, Diptychon, Andreas Gursky: $3.3 million (£2.5m)
Untitled (Cowboy), Richard Prince: $3.7 million (£2.8m)
Untitled (Cowboy), Richard Prince: $3.7 million (£2.8m)
Untitled (Cowboy), Richard Prince: $3.7 million (£2.8m)
Dead Troops Talk, Jeff Wall: $3.7 million (£2.8m)
Dead Troops Talk, Jeff Wall: $3.7 million (£2.8m)
Dead Troops Talk, Jeff Wall: $3.7 million (£2.8m)
Untitled #96, Cindy Sherman: $3.9 million (£3m)
Untitled #96, Cindy Sherman: $3.9 million (£3m)
Untitled #96, Cindy Sherman: $3.9 million (£3m)
Rhein II, Andreas Gursky: $4.3 million (£3.3m)
Rhein II, Andreas Gursky: $4.3 million (£3.3m)
Rhein II, Andreas Gursky: $4.3 million (£3.3m)
Phantom, Peter Lik: $6.5 million (£5m)
Phantom, Peter Lik: $6.5 million (£5m)
Phantom, Peter Lik: $6.5 million (£5m)
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JOERG KOCH/DDP/AFP via Getty Images

Photographs worth a fortune

While hugely successful photographers rarely become household names, many will have seen the headlines about their photographs making millions at auction. 

German photographer Andreas Gursky has dominated the field in recent years, with his record-breaking photography sales matched only by a select few others. Click or scroll through our gallery to discover the world's most valuable photos, listed in ascending order. All dollar values in US dollars unless otherwise stated.

Note: We have deliberately excluded Richard Prince's Spiritual America from our round-up due to the nature of the image. London's Metropolitan police had the photograph removed from public display at the Tate Modern in 2009 as it showed a then 10-year-old Brooke Shields naked.

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lovemoney staff

12 December 2019

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