Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

multigraincracker

(34,322 posts)
Thu Oct 27, 2022, 06:12 PM Oct 2022

Why this $500,000 Apple-1 Computer was a bargain

https://newatlas.com/collectibles/apple-1-computer-sale-bargain-500k/


One of the first personal computers ever sold – a 1976 Apple-1 – fetched US$500,000 at auction yesterday, but it might well be one of the auction bargains of the year.
The beautifully restored, fully-functioning 1976 computer is one of just six fully-assembled Apple-1 computers sold by Californian computer store, The Byte Shop. It was sold exactly as it appears above, with a Panasonic monitor and Datanetics keyboard in an enclosure of Hawaiian koa wood.

Just 200 Apple-1 computers were produced and around 80 are believed to still exist. By contrast, the Apple-II computer that superseded it sold between five and six million computers over more than a decade and became the first commercially-successful personal computer.
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Why this $500,000 Apple-1 Computer was a bargain (Original Post) multigraincracker Oct 2022 OP
This message was self-deleted by its author Baked Potato Oct 2022 #1
I remember trying to convince my Uncle into buying shares in Apple in 76.... OAITW r.2.0 Oct 2022 #2
Don't believe everything you read bucolic_frolic Oct 2022 #3

Response to multigraincracker (Original post)

OAITW r.2.0

(28,656 posts)
2. I remember trying to convince my Uncle into buying shares in Apple in 76....
Thu Oct 27, 2022, 06:46 PM
Oct 2022

He was eventually invested in some great tech stocks - like EMC - but he missed the boat with Apple......

bucolic_frolic

(47,584 posts)
3. Don't believe everything you read
Fri Oct 28, 2022, 06:15 AM
Oct 2022

There is only so much demand for collectible electronics. The silicone generation won't remember transistors when they are of collecting age. This stuff as an inflation hedge is speculation plain and simple. Mania meet gravity.

Latest Discussions»Culture Forums»EBay, Collectors, Flea Market & Antiques »Why this $500,000 Apple-1...