Here's how to take your brand new, crystal clear, $400 digital camera photo and make it look 50 years old.
We'll obviously start with the photo we want to edit. I used this one courtesy of PhotoSpin.com.
First duplicate your background layer Ctrl + J. Desaturate the color from your duplicated layer with Ctrl + U. Then duplicate the desaturated layer Ctrl + J.
Now we're going to run Find Edges Filter > Stylize > Find Edges. Adjust the the Levels a little bit Ctrl + L by sliding the far-right slider towards the left to get a more outlined effect.
Set your "outline" layer mode to Overlay. In your Layers Palette, select your
background layer, duplicate it Ctrl + J, and drag it to the top of your layer
order.
Now we'll run the Cutout Filter Filter > Artistic > Cutout. Change the settings to: Number of Levels: 8; Edge Simplicity: 0; Edge Fidelity: 3;
Before you do anything else, Fade the Filter Ctrl + Shift + F down to around 65%, to reduce the filter effect slightly.
Set the Layer Mode to Multiply. Drag the Opacity of your "outline" layer down to around 45%.
Your photo might appear too dark now, so we're going to add a Curves Adjustment Layer at the top, and drag the dark-end up a little bit, to lighten the dark areas.
And now we're done:
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More Photoshop: