Apple-1 Computer Sells for $387,750 at Auction
While Apple itself is long gone from the line of profiteers to get a bite out of this latest sale, it's news nonetheless that one of its original computers, commonly known as Apple-1, was auctioned off today for $387,750.
The vintage tech product auction was run by Christie's, an art business and auctioneer with $5.7 billion in sales in 2011. According to a company press release, the computer was one of the first 25 Apple computers ever created, and it was designed and hand-built by Apple co-founder Steve Wozniak in 1976.
According to the Associated Press, the computer originally sold for $666.66, while the pre-sale value for this computer was estimated at up to $500,000. Estimates put total Apple-1 computers still in existence at around 30 to 50.
While this latest auction doesn't break any online records (that goes to Edward Hopper's $9.6 million October on Cape Cod painting), Christie's noted that its vintage auction saw viewers from 96 different countries, with 77% making their first visit to the company's website.
As is common, information on the buyer was not made public.
The article Apple-1 Computer Sells for $387,750 at Auction originally appeared on Fool.com.Fool contributor Justin Loiseau owns shares of Apple. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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