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An estimated 1200 people packed Buckingham St on Sunday to be part of the photograph, which will be buried in the Arrowtown 150 time capsule at Labour Weekend, to be next lifted in 2062.
Along with the photograph will be a list of almost 1000 registered names of those who turned out for the photograph - including those of several dogs.
Otago Daily Times circulation manager James Smith said the feedback from the photograph had been incredible. Photo orders were already flowing in to the Star Shop in Dunedin.
ODT illustrations editor Stephen Jaquiery has selected his three favourite images of the event and anyone wishing to buy a copy can have their pick.
"We could not be happier with Sunday's turnout and the resulting photograph in the ODT. We have been blown away by the reaction, not just from the Arrowtown community, but further afield," Mr Smith said.
"Trying to co-ordinate that number of people is no easy task, so by giving people three photos to choose from, they can pick the one they like the best, or the one they look the best in."
The Arrowtown 150 committee will choose its favourite image to be published as an A3 poster and put in the time capsule on October 22.
Mr Smith said anyone who registered for the photograph could buy a copy at 50% off the normal A4 and A3 rates, at $12 and $24 respectively.
A 5x7 image would cost $15, a 6x8 would cost $19 and an 8x12 would cost $28.
The three images are on display now at the ODT Queenstown office, 9 Athol St, and at the Lakes District Museum, Buckingham St, Arrowtown.
Order forms are available at the museum and should be posted to the ODT Dunedin office or dropped in to the ODT Queenstown office.
Alternatively, orders could be taken by emailing firstname.lastname@example.org or phoning (03) 474-7427.
Mr Smith said it was vital anyone ordering an image quoted the photo order number - included on the posters - of their favourite image, either by writing it on the back of the order form or including it in their email.
"If we receive orders without a photo order number, the default image will be the image which ran in the ODT on Monday."