Apple I auction

Two 'Apple I auction' stories November 2014 - September 2015

Another working Apple I being auctioned, expected to sell for upwards of half a million dollars

An original Apple I is being auctioned by Bonhams in New York in October, and is expected to sell for upwards of half a million dollars, reports Quirker. It has been authenticated as one of the first 50 constructed by Steve Wozniak in Steve Jobs’ garage, and is said to be fully working and in fantastic condition.

Corey Cohen, Apple-1 expert and member of the Board of Directors for Mid-Atlantic Retro Computing Hobbyists Museum said: “It’s in incredible condition. It’s nearly 40 years old, next year. It’s one of the best condition Apple-1s we’ve ever seen – not just at auction, but at any physical place at all.”

The machine is believed to be one of only six original Apple I computers in working order, a previous one selling in 2013 for $671k. Owner Tom Romkey sold a previous Apple I in 2014 for a world record £564k ($857k).

This model was apparently traded in at a computer shop by the original owner, who had used it only once and didn’t like it. Bonhams auctioneer Cassandra Hatton described the trade-in as “probably the worst financial transaction in history” – though we’d have to disagree.

That would probably be the third Apple cofounder, Ron Wayne, selling his 10% of the company back to the two Steves for $800 – stock that would now be worth billions. Even the original founding contract for Apple Computer sold back in 2011 for $1.6M.

Only fully-operational Apple I purchased from Steve Jobs being auctioned, could go for over $500K

A fully operational Apple I computer with documentation showing that it was purchased direct from Steve Jobs is being auctioned by Christies on 11th December. It is the only surviving Apple I known to have been personally sold by Jobs in 1976. Originally bought for $600, the auction house says it is expected to sell for more than half a million dollars, reports Reuters.

The so-called Ricketts Apple-1 Personal Computer, named after its original owner Charles Ricketts and being sold on Dec. 11, is the only known surviving Apple-1 documented as having been sold directly by Jobs, then just 21, to an individual from the Los Altos, California family home, Christie’s said.

Ricketts died with the computer in storage. The current owner, Robert Luther, bought it in 2004 from a police auction.

“I knew it had been sold from the garage of Steve Jobs in July of 1976, because I had the buyer’s canceled check,” Luther wrote on a kickstarter page soliciting funding for a book on the machine’s history.

“My computer had been purchased directly from Jobs, and based on the buyers address on the check, he lived four miles from Jobs.”

In an interesting twist, the cancelled check formed part of the evidence used to achieve historical listing status for the Jobs family home in Los Altos, just over a year ago.

The auction estimate of $500-600K may prove an under-estimate: fewer than 50 Apple I computers survive, and another fully-working model without the Jobs documentation sold last month for $905k.