1976 Apple 1 Auction At Sotheby's For An Estimated $120,000 To $180,000

Posted: May 31 2012, 4:50am CDT | by , in News | Apple

 
1976 Apple 1 Auction at Sotheby's for an estimated $120,000 to $180,000

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Owning the first Apple computer is an expensive passion.

Sotheby's will auction off one of the first 50 Apple computers that Steve Jobs and Steve Wozniak made by hand.

From the Sotheby's auction listing:

The Apple Computer. A truly complete microcomputer system on a single PC board." When Steve Wozniak and Steve Jobs presented the Apple I Computer to the Homebrew Computer Club in 1976, it was dismissed by everyone but Paul Terrell, the owner of a chain of stores called Byte Shop. Terrell ordered 50 computers for $500 apiece, insisting that the circuit boards come fully assembled rather than as DIY kits similar to the Altair, and Jobs and Woz managed to produce the requisite computers in 30 days. They continued production, immediately creating 50 additional Apple I's to sell to friends and an additional 100 to sell through vendors, at a retail price of $666.66, a number that garnered complaints among conservative Christians, but provided a lucrative 33% markup.

As the first ready-made personal computer, the Apple I signaled a new age in which computing became accessible to the masses. The interface of circuitry and software that Woz created enabled users to type letters with "a human- typable keyboard instead of a stupid, cryptic front panel with a bunch of lights and switches," as he explained to the Homebrew Computer Club. Even so, it was sold without a keyboard, monitor, case, or power supply. An

exceptionally rare, working example with original Apple cassette interface, operation manuals and a rare BASIC Users' Manual. It is thought that fewer than 50 Apple I Computers survive, with only 6 known to be in working condition.

More details on the Sotheby's site. Via ComputerWorld.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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