Though a list of the top 20 most expensive photographs sold at auction was previously published on Photography At Auction, here is a revised list of the top 20 photographs known to have sold at auction, in ascending order and adjusted into US dollars. Click the title or artists’ names to view each image.

20

Cindy Sherman Untitled 92. Sold at Christie’s New York in November 2013. $2,045,000

19

Man Ray Portrait of a tearful woman. Sold at Christie’s New York in May 2017. $2,167,500

18

Cindy Sherman Untitled Film Still 48. Sold at Sotheby’s New York in November 2014. $2,225,000

17

Unknown Artist Billy The Kid. Sold at Brian Lebel’s Old West Show & Auction in June 2011. $2,300,000

16

Andreas Gursky Chicago Board of Trade I. Sold at Sotheby’s London in June 2013. $2,353,905

15

Andreas Gursky Paris, Montparnasse. Sold at Sotheby’s London in October 2013. $2,386,825

14

Cindy Sherman Untitled 153. Sold at Phillips New York in November 2010. $2,770,500

13

Cindy Sherman Untitled 96. Sold at Christie’s New York in March 2012. $2,882,500

12

Edward Steichen The Pond – Moonlight. Sold at Sotheby’s New York in February 2006. $2,928,000

11

Andreas Gursky Los Angeles. Sold at Sotheby’s London in February 2008. $2,938,235

10

Cindy Sherman Untitled Film Still 48. Sold at Christie’s New York in May 2015. $2,965,000

9

Richard Prince Untitled (cowboy). Sold at Sotheby’s New York in May 2014. $3,077,000

8

Man Ray Noire et Blanche. Sold at Christie’s Paris in November 2017. $3,118,950

7

Andreas Gursky Chicago Board of Trade III. Sold at Sotheby’s London in June 2013. $3,296,385

6

Andreas Gursky 99 Cent II Diptychon. Sold at Sotheby’s London in February 2007. $3,332,000

5

Jeff Wall Dead Troops Talk. Sold at Christie’s New York in May 2012. $3,666,500

4

Gilbert & George To Her Majesty. Sold at Christie’s London in June 2008. $3,759,607

3

Cindy Sherman Untitled 96. Sold at Christie’s New York in May 2011. $3,890,500

2

*Richard Prince Spiritual America. Sold at Christie’s New York in May 2014. $3,973,000

1

Andreas Gursky Rhein II. Sold at Christie’s New York in November 2011. $4,338,500

* This image features an undressed child.

To see the entire top 50 Most Expensive Photographs Ever Sold at auction, along with industry news, analysis, essays and data, check out The Photography at Auction Digest available in print or as a download on Amazon. Click here for more information.