Posts tagged "auction"

Apple I sold for $374,000

An “Apple I” from 1976 on Friday was sold to an incredible $374,000 at Sotheby’s auction house in New York.

The device from Apple’s first series – once sold for only $666.66 – was bought 560 times its original value. At the end of 2010, a structurally identical “Apple I” at another auction house was sold for only 133,000 pounds (about $200,000).

In the auction on Friday, the computer surprised the auctioneers after the expected earnings increased by more than two-fold. Two bidders rocked each other up. The unit was ultimately sold to an anonymous telephone bidder.