A Warren Spahn signed 8 x 10 photo is worth about $40.-$50. Price will vary based on condition, and the type of authenticity that accompanies the signature. A color photo as opposed to a black & White photo is not important as composition, and appeal. Part of the value will be determined by how well the photo displays the signature. The type of ink used, and how it stands out in contrast to the photograph will also effect the price. Sharpie would be most preferred for a photo. Larger 16 x 20 photos will sell for more.
Signatures that have not been properly authenticated could sell at half the market value or less. Add for inscriptions. Collectors will pay more for inscriptions like "HOF 73", and pay less for personal inscriptions like "Good Luck Chuck"
In a recent auction a Warren Spahn single signed Baseball sold for $39.
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