A nude photograph of Arnold Schwarzenegger recently surfaced as part of a collection of unpublished Penthouse photographs. One porn company is willing to publish it and is ready to pay $150,000 for it.

As we previously reported, the photographs - which include images of Madonna and another with a young Schwarzenegger in the middle of a sex act - were owned by the late Penthouse publisher Bob Guccione. They were obtained by Jeremy Frommer.

According to TMZ, YouPorn.com is looking to purchase the Schwarzenegger photo. The company sent a letter to Frommer, stating that they will pay upwards of $150,000 for it.

YouPron.com notes that they are interested in the Madonna and Lauren Hutton photos, but adds, “Let's face it. The real value here is in Schwarzenegger's 'Schwanz,’” the company wrote in the letter.

The site reports that YouPorn.com has not heard back from Frommer.

Schwarzenegger is in the middle of a movie comeback, having recently starred in THe Last Stand, although that film failed to do well at the box office. He is next slated to star with Sylvester Stallone in The Tomb and has confirmed that he is interested in a Terminator 5.