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

15 posts / 0 new
Last post
Offline
Last seen: 3 months 1 day ago
Joined: Nov 30 2019 - 16:53
Posts: 13
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). 

fingerz's picture
Offline
Last seen: 1 year 8 months ago
Joined: Aug 10 2017 - 13:40
Posts: 171
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.
Offline
Last seen: 4 months 6 days ago
Joined: Feb 18 2020 - 16:59
Posts: 42
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.

Offline
Last seen: 3 years 7 months ago
Joined: Feb 27 2020 - 16:06
Posts: 12
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.

Offline
Last seen: 1 week 3 days ago
Joined: Oct 9 2011 - 12:54
Posts: 1352
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.

Tom Owad's picture
Offline
Last seen: 2 hours 42 min ago
Joined: Dec 16 2003 - 15:14
Posts: 3356
Cute monitor.

Cute monitor.

Offline
Last seen: 4 months 6 days ago
Joined: Feb 18 2020 - 16:59
Posts: 42
(Gets out the popcorn)

Now up to ~ $128K

fingerz's picture
Offline
Last seen: 1 year 8 months ago
Joined: Aug 10 2017 - 13:40
Posts: 171
Looks like it closed @ $366K?
Looks like it closed @ $366K? That would be $458K including premium?
cjs
cjs's picture
Offline
Last seen: 9 months 1 day ago
Joined: Mar 4 2020 - 22:20
Posts: 30
$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.

achimhb's picture
Offline
Last seen: 3 months 4 weeks ago
Joined: Apr 4 2015 - 19:08
Posts: 101
Correct! 25% buyers premium =

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

All Apple-1 auctions

Offline
Last seen: 3 months 1 day ago
Joined: Nov 30 2019 - 16:53
Posts: 13
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.

achimhb's picture
Offline
Last seen: 3 months 4 weeks ago
Joined: Apr 4 2015 - 19:08
Posts: 101
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.

Tom Owad's picture
Offline
Last seen: 2 hours 42 min ago
Joined: Dec 16 2003 - 15:14
Posts: 3356
Did you buy this one, Achim?

Did you buy this one, Achim?

achimhb's picture
Offline
Last seen: 3 months 4 weeks ago
Joined: Apr 4 2015 - 19:08
Posts: 101
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.

Offline
Last seen: 4 months 6 days ago
Joined: Feb 18 2020 - 16:59
Posts: 42
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! :-)

Log in or register to post comments