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11/22/2024 04:13:25 am

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Vintage 1976 Apple I Sells For Close To $1 Million

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(Photo : Bonhams ) Apple I has become an iconic computer for any collector, and a new sales peaked at just shy of $1 million for the 1976 machine.

Vintage or antique computers and consoles start to get a bit of their price back, especially if the machine is considered innovative or one of the company's highlights. The Apple I might be one of the most expensive machines, and the most recent sale peaked at just under $1 million.

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The Apple I was born in Steve Jobs' garage in 1976, back when the Apple logo had a man sitting under an Apple tree. Only fifty Apple I units were built for distribution and in the past few years they have been fiercely sought after by collectors.

Jobs originally sold all 50 units to Paul Terrell, owner of Byte Shop. He sold all 50 units for $666.66 each, after which Jobs and Wozniak, along with a few other engineers, built another 150 to sell to friends, vendors and people at events they would attend.

Bonhams Auction House sold the Apple I computer to the Henry Ford Museum for $905,000, beating the highest price for an Apple I by $225,000. The previous Apple I sale record was held in Cologne, Germany for $671,400 in 2013.

The Apple I had been kept in near perfect condition, for a 1976 computer. It had an intact motherboard, along with a keyboard and monitor. The original Apple I came with a bare-bones configuration, the Apple II gave a more professional look with a molded plastic finish.

The auction placed the Apple I at $300,000 to $500,000, but due to a long list of bids, managed to double their mid-estimate. Henry Ford Museum President Patricia Mooradian said the Apple I is a "a key artifact in the foundation of the digital revolution"

The Apple I has definitely received more attention than some other 1976 computers, like the Altair 8800, costing around $3,000 at auction and the Commandore Pet, costing even less at around $400-1,000.

Apple's iconic company has lead not only to higher prices in current industries, but vintage computers seem to be much more valued, compared to the competitors.

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