Kim Kardashian and Kanye West have turned down a $3 million offer for the first photos of their baby.

The couple - who recently revealed they are expecting their first child in June - reportedly rejected the huge offer from a magazine eager to secure exclusive rights to the first shots of their newborn.

A source close to the 32-year-old 'Keeping Up With The Kardashians' star told gossip website TMZ.com that she and the 'Otis' rapper have been flooded with lucrative offers for their child's first pictures and were offered $3 million from one publication outside the US.

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But the insider insisted the couple have no plans to sell the private pictures to anyone at the moment but might consider offers closer to the birth because they are aware that the public interest in their baby is likely to increase.

The $3 million offer is slightly less than the amount paid to Brad Pitt and Angelina Jolie for the first pictures of their first biological daughter Shiloh in 2006. They were paid $4.1 million and $14 million for their twins Knox and Vivienne in 2008.

Jennifer Lopez and her then husband Marc Anthony were paid $6 million for photos of their twins Max and Emme in 2008, while Matthew McConaughey and his wife Camila Alves were paid $3 million for the first pictures of their first son Levi in 2008.

Kim has already been offered $250,000 to host a pregnancy website after being approached by David Dginguerian, an Armenian filmmaker, about working with a planned membership-only website called MyPregnancy.com.

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It is unclear if Kim will sign up as it was recently revealed that she and Kanye, 35, are reportedly planning to share the pregnancy and their adjustment to parenthood with their fans through a show on E!

E! Entertainment network president Suzanne Kolb previously said: "Kim and Kanye are an incredibly dynamic couple, and their baby news is just so exciting. Like so many Kardashian fans, we love it when this close-knit family gets even bigger. We look forward to sharing the joy as they prepare for more diapers, more bottles and without a doubt, more fabulous baby wear."