The world record for the price of a Fred Morgan picture is $974,000.
The painting, which Morgan produced in his late 30s, sold for £300 in 1885.
His 3ft 4in by 5ft 6in by Christie's of London with a broad estimate of £200,000 - £300,000.
Although he struggled to find a market for his paintings during his life, as so often befalls artists Morgan's works now command six figure sums.
The police later also found a revolver Wright ahd concealed in his clothes.