Apple’s First Computer Made Sold For 450 Times The Original Price (HBO)

A fully functioning Apple 1 hit the auction block last week at RR Auction in Boston and fetched $300,000 from an anonymous buyer — a relative steal for a highly coveted piece of computer history that helped launch a trillion-dollar company.

These pieces of machinery are extremely rare because only 200 were made in 1976. Of those original 200, there are only about 60 floating around in the world, and an even smaller number, closer to 15, are functional.

This particular Apple-1 was restored to its original, operational state by computer historian Corey Cohen. Cohen told VICE News, “Not only is this thing 42-plus years old, but it still works and it works as well as it did back in the 1970s.” He went on to explain, “The easiest way to talk about the Apple 1 computer and where it came from is to understand a little bit about Steve Wozniak.”

Steve “Woz” Wozniak was an engineer at Hewlett-Packard in the calculator division. He loved computers and was invigorated by the innovations in computers entering the market. Using parts from the HP office, he began working on his masterpiece before taking it to the Homebrew Computer Club in Palo Alto to show it to some of the other members.

His friend and fellow Computer Club member Steve Jobs loved it, and felt that he could use his knowledge from working at Atari to contribute some improvements to the assembly and production process. Jobs was sure he could find a way to sell them, and sell them he did.

With the initial funding from Apple-1 sales, Woz went on to design the Apple II — a machine that would be considered one of the greatest computers of all time.

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