In the digital age, very few people keep physical photos of their family and friends anymore. Even old family photos from the days of disposable cameras may have been scanned before being disposed of. Just like art, photos hold subjective value. There are collectors out there who will pay between $50 to $100 for a single photograph, so long as it holds value to them. Same goes for Kodachrome slides. Artists and collectors often buy slides to create new works of art.
Of course, like all things in life, if there is a rare version of something, it’s valuable. A photo of Billy the Kid was once found in a thrift store for only $2, and it has been appraised at $5 million. As you can probably tell, these expensive photos need to be featuring a celebrity, or some sort of historic event. So don’t get too excited, because old family photos don’t hold much value- except the priceless sentimental value, of course.