Antique Apple-1 computer sells for a record $671k

Antique Apple-1 computer sells for a record $671k

A still operating Apple-1 sold for a record $671,400 Saturday at an auction in Germany.

It pays to keep one’s computer in working order, even if it’s a dinosaur-like 37-years-old.

A still operating Apple-1 sold for a record $671,400 Saturday at an auction in Germany. The total, which included a 22.3 percent commission and taxes, toppled the previous high of $640,000 also pulled in by the auctioneer Uwe Breker for the same computer model.

“It is a superb symbol of the American dream,” Breker told the New York Times in an interview, explaining the computer’s value. “You have two college dropouts from California who pursued an idea and a dream, and that dream becomes one of the most admired, successful and valuable companies in the world.”

Experts believe just six working Apple-1 computers remain of the 50 that are still in existence. To say computer technology has improved a bit since Steve Wozniak hand-built a simple circuit board in 1976 would be like saying Bill Gates has a few bucks in his pocket.

Prices have also dropped a bit, as an Apple-1 sold for $666.66 when it first rolled out and that didn’t include a keyboard, power supply or monitor. The same money today, about $2,724 when taking inflation into account, would pull in a 15-inch Mac Book Pro with retina quality display.

But back to the Apple-1, this Apple-1 specifically had quite a ride prior to its purchase by a wealthy Far East entrepreneur who reportedly wishes to remain anonymous. It was erroneously reported to belong to former Major League Baseball player Fred Hatfield.

It was actually owned by a different Fred Hatfield, however, as the previous man by the same name died in the late 1990’s. The correct Fred Hatfield was a retired electrical engineer from New Orleans.

Hatfield, who negotiated a price of $40,000 to sell his Apple-1 to a Texas software businessman, didn’t express anger or bitterness that it brought in nearly 15 times that amount at the auction. After all, the computer wasn’t in working operation when he sold it and the anonymous buyer also went on to fly the machine out to California so it could be autographed by Wozniak.

The latter move raised its value in a major way, according to the report. Hatfield, 84, is a simple-to-please person anyway, indicating he was using his profits on fine dining and good music on Frenchmen Street in his beloved New Orleans.

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