An original Apple-1 computer sells for $400k

4 years ago (npr.org)

> Apple-1 was the start of the personal computer industry > Prior to that, there were other computers. They were kits. They mostly didn't work when you got them

no, it was not, the Olivetti Programma 101 was sold in thousands already in the 60s and was a pretty finite product https://en.wikipedia.org/wiki/History_of_personal_computers#...

  • Not really... the OP101 was priced at about $26k in 2021 dollars. The Apple I was priced at about $3250, which meant it was affordable for hobbyist purposes.

    It was also mostly complete out of the box, didn't need to be programmed via switches on the front panel, and could be used for actual tasks right away.

    Its combination of low cost, high feature count, and out of the box usefulness is why it usually gets referred to as the start of the personal computer industry.

  • The Programma 101 was a programmable calculator. Even though it could do more, out of the box, than many of those kits (built-in printer and card reader), I wouldn’t call it a personal computer.

    But then I barely would call the Apple-1 that, either. You bought a PCB, optionally pre-assembled that booted into a system monitor. Even though you could directly connect a keyboard and a television (huge improvements; competing products still had toggle switches and indicator lights) that’s not something you could sell to ‘normal’ people.

    The Apple II added a power supply, a keyboard (meaning buyers didn’t need to go to some dump to find a keyboard that worked or could be made to work with the system), a case and Basic in ROM. That, for me, made it a personal computer. If you bought it, you could go home, plug it in, and start tinkering.

Even though this looks like a huge appreciation of value, buying the apple stock would've made you much more money in that time frame. Plus it's easier to store and secure.

Apple-2: 1976 666$, 2021 400K$, x600

AAPL: 1980 10¢, 2021 150$, x1500

More details and photos from the Auction House:

https://www.johnmoran.com/?p=7272

  • > Rare, Hand-built Apple-1

    So, every single Apple I still in existence? IIRC, only a few hundred were made, and Jobs and Woz hand soldered every single board.

    As for "rare", that's very true. The Apple II had a trade in program where they'd take your Apple I and destroy(?) it? (reuse it for parts?)

  • Not really relevant, but I wonder if the Panasonic monitor is also from the same era. Seems very miniaturized for 1976?

    • Looks like a broadcast monitor, the kind used by TV studios. And yes, by the 70's they were already all this size, intended to be mounted in racks.

      More likely it is a repurposed CCTV monitor, that looked like this since very early too (In the 90's worked in place that had a very old CCTV system, from the 70's, with the giant cameras, and the displays were basically this size and format.

      There were other very small TVs too. It's not like we still used vacuum tubes to build tvs in 76.

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    • The image caption in the article says it’s from 1986. This Apple I was likely hooked up to a JC Penney TV, with a fine wood grain cabinet.

    • I took mine from a television camera (the monitor at the back) and it was a lot smaller than that one.

  • From the careful wording of the offer it seems that it is extensively restored, rather than original in mint condition.

I sure wish I'd kept the Apple II+ my dad sent me to college with. All 48k of RAM, two floppy drives and a color screen.

Even more I wish I kept the shares of Apple stock I bought for $52 in 1992. Sold 'em right before the iPod was introduced. <facepalm>

If you invested $666.66 (original price) in 1976 into the S&P500, you would have about $22k today. $87k if you invested it in the NASDAQ. In conclusion I will be putting all of my money into weird first-generation devices from now on.

  • I'd love to see some webapp that calculates how much your Apple shares would be worth if you bought stock equivalent to the purchase price of that Apple product. I think it'd be pretty fascinating to see how much my shares would be worth if I bought stock instead of a 2nd generation iPod.

  • -first-generation devices_

    any recommendations?

    • I was joking, that's the wrong conclusion. The math does not actually work out. Taking the low estimate (S&P500): 400k/22k = 18x multiplier. So, worst-case scenario, you'd need 1 in 18 devices to pay out that well to break even. Closer to 1 in 5 if you take the larger (NASDAQ) number.

I still have my Apple IIc. Sadly I lost the 5.25” disks that had my first programs on them :(

  • My original apple IIe bought in 1983 is sitting on an old desk in my house.

    256Kb expanded memory

    80 column display card

    2 x 5.25 disk drives and a collection of floppies

    Gravis joystick.

    Green screen has a tear in the fabric I need to repair. Other than that it still works.

    • Can I guess that the green screen is an Amdek? My former employer (1983), we sold hundreds of thousands of those (and the amber version) to Apple II customers (and even Apple themselves).

      Fun fact: the picture tube in that monitor was made in the US by Ball (the canning-jar company), the anti-glare fabric came from Ireland, and the rest came from Taiwan.

      1 reply →

  • Man those Apple IIc's were just amazing little computers. I remember seeing them and they just looked so different and sexy (to this 10 year old nerd anyways). The whiteness, the molded keys, the weird case, everything about it was just so cool at the time and I still think so today. Sadly I do not have $500K to offer you...

I wonder what a Lisa 1 in good condition would sell for in today’s overheated market. Obviously a different situation from the Apple-1, but the original Lisa seems also to be exceptionally rare.

A well-preserved example went for $31k in 2018. That’s somewhat lower than I would have expected. Maybe we’ll see a more impressive price the next time one of these goes to auction.

https://www.bonhams.com/auctions/24898/lot/641/

Wow, just 4 more of those and they can buy a nice sealed copy of the most common game on the NES.

  • For anyone else wondering, from [1]:

    > See, back when the video game market was still considered to be a commercial wasteland, Nintendo decided to host “test launch” events for the NES in New York and Los Angeles. Basically, they wanted to see how the console would perform in those markets before expanding their release strategy. For those events, they manufactured a few thousand “special copies” of Super Mario Bros. What made them so special? Well, they were sealed with a sticker rather than plastic shrink wrap. Seriously…that’s pretty much it.

    > As it turns out, that sticker is a pretty big deal among collectors. The only known still-sealed copy of the “test launch” version of Super Mario Bros. sold for $140,000 in 2019, and some suspect the game could go for close to $1,000,000 if it was sold on the current market.

    [1] https://www.denofgeek.com/games/rarest-most-valuable-nes-gam...

  • Well at least it’s not a NFT, and has a nice wooden case.

    On the other hand they spent more on this than my car or home.

> Apple-1 was the start of the personal computer industry

I feel like the Apple II was a better example of that: the Apple I more like a prototype (that shipped a little).

  • In the space of three contiguous paragraphs, that phrase is used three times.

    "... the model marked the start of the personal computer industry."

    "Apple-1 was the start of the personal computer industry."

    "The Apple-1 was the first Apple product to be sold. It marked the start of the personal computer industry."

    200 units were built, 80 or so remain around today, and they were released in 1976. The Commodore PET was being designed in 1976, and released in 1977 - before the Apple II. There was, of course, a flurry of other activity around this time.

    Are these grandiose claims reasonable?

  • MOS Technology should have forced Apple to pay 30% of their revenue for the privilege of using their 6502 CPU.

    • Hold on a minute. I was just glancing through this discussion and bumped into your thought here.

      Why?

      MOS setup to bring an inexpensive microprocessor to market and were successful. In some of the history Chuck Peddle has told, MOS really did not even target the personal computer market initially.

      One, it was not quite a thing, and their KIM trainer was aimed at "distributed intelligence", basically embedded type use cases.

      Once the ball got rolling, and Apple was a big part of that, using the 6502 gained traction.

      Moto, by charging so much for the 6800, and later 6809, missed out on a lot!

      Sidebar:

      I often wonder what personal computing and video gaming might have looked like had the 6809 been inexpensive and was the basis for all the 6502 machines, or more of them... In terms of capability, the two chips are similar, but the 6809 offered a far more robust instruction set. Maybe it did not matter much overall. The set of possible things is similar enough.

      But, I do wonder all the same. Doing really hard, or demanding things with the 6809 has advantages, but I digress big time here!

      End sidebar:

      In any case, MOS scored! Sold a ton of chips, and why would they be entitled as to get that kind of compensation?

      Or, is this snark? Maybe is... LMAO. I probably bit on this when I did not have to. Oh well. Cheers!

Curious, can this computer be repaired (if something goes wrong with the hardware) either by self or an expert technician in the present world using the currently available components?

Did they recap it? Normally capacitors are the first to go so a lot of old computers have have them replaced least they leak and damage the board

I remember watching this video of an old Mac connecting to the internet, it was slow as hell but it was surreal.

It is neat when it's more tangible

Well that's very cheap considering people spend millions of dollars on hashes of pictures of randomly generated monkeys

  • In a number of high-value cases, no one spent any money at all, just transaction fees; they traded to themselves to give the appearance of a higher price.

  • I thought a lot about this comment. I deeply would want that Apple-1 in a way, massive piece of Apple history. But then I think about owning it - what a pain. It needs to be in an air conditioned room, bugs nibble at it, dust gathers, where do I put it in my house anyway? It's so cool in my mind but the glory of having it seems less so.

    However, with an NFT, there's no maintenance cost, it's always the same, it's pristine. I can do whatever I want with it, shrink it for socks, grow it to put on a blimp, make cakes, whatever.

    For the first time I can see why people spend millions of dollars on hashes of pictures of randomly generated monkeys.

  • I wish I had a hash of a 50 year old computer

    • Here you go: b4a457fa7a566ca23fb214b986ff19234234a0654dc786f348377990b53585abb7dc1fa91672ab15de0d87deb66133f5657f85a2662bd1f95de3743933d49982. It's the SHA512 hash of the full-size version header image of an Apple I from Wikipedia.

      6 replies →

  • Wow. So something that’s essentially a piece of junk today has a valid absurdly high price just because there are absurdly high priced random digital thingies?

  • Well an NFT has way more utility than this thing. It makes you part of an online community. Naturally it has a different value.

    • "...part of a community". Man, I didn't know Amway[0] had pivoted to NFTs. Speaking of business, did you know that as an Amway representative, you can become part of a community of small business owners! I mean, NFT owners!

      [0]https://www.amway.com

    • You're correct that buying a BAYC nft does make you a member of a very active community. It's very much a club membership.

      But owning a prime piece of vintage computing history gets you into a community too. And owning one is as much as status play as BAYC is.

    • This has more utility because, assuming it works, it's a general purpose computer. You might even be able to mine crypto with it.

Always said those Apple fans would pay crazy money for any hardware with their favorite logo.

How much for an apple-2? I know someone who has one.

  • Ebay is probably a good source for this sort of thing. Prices on a lot of things are overheated at the moment of course, but it looks to be maybe a few hundred dollars. I have some old computer stuff at home but it's far from mint condition and whenever I looked didn't seem to be worth the hassle of selling and shipping it.

  • depends on whether you have the floppy drives in good condition, if the on board battery hasn’t exploded, if the power supply caps need replacing… Look up your local vintage computer festival, there’s always tables set up to sell your wares.

    • The on board battery was used on the Apple 2 GS, the 16 bit successor to the 8 bit Apple 2.

      The GS used a 65816 CPU, and the Apple 1 and 8 bit Apple 2 computers used 6502 and 65C02 CPU chips.

      A 65802 can be installed into the 8 bit computers, with the 64K address space limitation imposed by the hardware.

      A bit of digging can get one an Apple 8 but computer for a few hundred bucks, sometimes cheaper, depending.

      I got my //e Platinum a decade ago for $150'ish from Apple Rescue of Denver. At that time, it came with one disk drive, Super Serial card, and the 128K / 80 column display card.

      Anyone interested in these machines could skip getting a disk drive, though using floppies a few times is fun, and go for a emulation card. I do recommend the CFFA 3000 card, if available. Those can take disk images right from an ordinary USB flash drive.

The NFT of a photo of the original Apple 1 computer will probably sell for $4million /face-palm

  • > The NFT of a photo of the original Apple 1 computer will probably sell for $4million /face-palm

    4 million Tether. Do these NFT valuations ever touch real dollars?

  • NFTs are a genuinely interesting concept. Cynicism can kill curiosity.

    Edit: Photo NFT wouldn't sell for more. It's entirely different realm.

    • Genuinely asking: how? They seem, to me, to be a hype driven thing that doesn't make sense. If I buy an NFT of an art piece, what's stopping others from downloading the same file?

      11 replies →

This chip shortage is really getting out of hand.

  • This is the best comment posted to HN in the last 36 hours.

    • Throwing around obviously good jokes on HN is dicey. The local squares may start sending the links to their precious research papers on how "people who think they are funny are not really that funny".

Why would you ever want to buy this instead of spending 1% and get a super powerful computer?

  • Because a thing may have value beyond its utility?

    Because it's a unique, historically significant artefact?

    Because you can afford to, it hurts literally no one, and it will make you happy?