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

[multigraincracker]

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 By contrast, the Apple-II computer that superseded it sold between five and six million computers over more than a decade and became the first commercially-successful personal computer.

[OAITW r.2.0]

2. I remember trying to convince my Uncle into buying shares in Apple in 76....

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

[bucolic_frolic]

3. Don't believe everything you read

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.