Any guesses as to what price the current Apple 1 at RR Auctions will bring?

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Any guesses as to what price the current Apple 1 at RR Auctions will bring?

Curious as to what people think. I'm going to guess $600k (including the premium). 

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Auction link for those who

Auction link for those who are curious: https://www.rrauction.com/bidtracker_detail.cfm?IN=6001

Bidding is just over $100K at the moment, and my guess is the final price will be under $300K (before premium). The market for Apple-1’s is not as strong as it used to be as more previously unknown computers come on the market.

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My guess

Okay then, I'll split the difference and guess $400,000 (before premium, or $500K with)

Between watching this and the Altair that's on eBay right now*, I'm in retrocomputer-auction-watching heaven.

 

* I'm thinking there'll be a spike at the end to put it over $2K.

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While I can't see the RR

While I can't see the RR auction (thanks, work firewall), I've seen a guy trying to get $1.5 million on EBay for a very nice, original Apple I. If this sells for an order of magnitude less, that will take the wind out of this guy's sales. 

 

**edit: okay, now that I've looked at the auction on my tablet... the one on EBay is much, much nicer. I'll leave my commentary on that auction for another conversation.

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We really don't know the

We really don't know the effect of the corona virus on the sale.  It could go either way.  People might want buy a solid asset or they may not want to invest in anything new with the stock market going crazy.     I was able to buy a "collectible" car last week using a low ball offer because the guy didn't want to sell any stock to move next month to a new house.

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Cute monitor.

Cute monitor.

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(Gets out the popcorn)

Now up to ~ $128K

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Looks like it closed @ $366K?

Looks like it closed @ $366K? That would be $458K including premium?

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$458K
fingerz wrote: Looks like it closed @ $366K? That would be $458K including premium?

So it would seem. Rather ironic, given that computers like the Apple 1 were supposed to put an end to the era where even a small computer could cost as much as a house.

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Correct! 25% buyers premium =

Correct! 25% buyers premium = US$ 458,711

All Apple-1 auctions

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I bid up to around $300k and

I bid up to around $300k and stopped. I think it would have gone a bit higher if we weren't in the midst of this Coronavirus issue and market meltdown. I think the buyer got a good deal in the long-run.

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Buying Apple-1

Well, anyone interested in buying an Apple-1 can contact me over the Apple-1 Registry. I know some people willing to sell an Apple-1.  
It is just a matter how thick your wallet is and even more important, how willing are you to spend so much money.  

What I need to know is, what you are looking for? Any kind of Apple-1, 1st or 2nd batch, manuals etc.? 

 

Most people do not realize, that more and more Apple-1 will go to museums or companies for display purposes. Those Apple-1 will never show up on the market.

Many Apple-1 were sold last years. Mostly because of the age of the owners or it was inherited.

But this will not happen forever. The market of Apple-1 will dry out, sooner or later. At some point, the Apple-1 will be worth a lot. The same happened with classic cars etc.
And if the art scene or billionaires start to look at those unique computers, the prices will go through the roof. Maybe soon, maybe in 10 years or even later. But it WILL happen.  

 

Sometimes, Apple-1 were sold for a much lower price than usual. Mostly, it seems, that the condition of the Apple-1 was not so important. The reasons are mostly technical issues at the auction, bad timing, no/wrong announcement of the auction. I know what I am talking about, because I was more than one time lucky. 

See the auction of a Micral in France. I didn’t know about it and would have bid more than the auction result was. In the end, Paul Allen bought it.

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Did you buy this one, Achim?

Did you buy this one, Achim?

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Apple-1 auction

Hi Tom,

 

To be honest, I was bidding for it. I met the owners last year and they are really nice guys and I liked the history behind this computer. 
But I prefer private deals and I know some Apple-1 that are for sale. For this reason, I stopped bidding after it reached my limit.

 

For next week I had a flight booked to the Bay Area to pick-up another Apple-1 I bought in a private deal. But due to travel restrictions I have to wait. There is another Apple-1 in southern California, which I would love to buy but so far, the sellers asking price and my offer are different. I met a guy at the VCF West 2019 (CHM) and his Apple-1 I would like to buy as well. But again, his asking price is a bit too high from my point of view. 

 

I am absolutely sure, the value will increase. Right now, you can ask the price it might have in 5-10 years, but I will pay a fair price for the value it has.

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fingerz wrote: Looks like it
fingerz wrote: Looks like it closed @ $366K? That would be $458K including premium?

  So, if we go by "The Price is Right" rules, your guess turned out to be the winner. Congrats! :-)

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