Breaking News
More () »

Apple prototype from the 70s auctioned for nearly $700K

A Bay Area collector bought what the auction company called "the holy grail of Steve Jobs and Apple memorabilia."
Credit: AP
This image provided by Boston-based RR Auction, shows an authenticated Apple-1 Computer prototype from the mid-1970s. (RR Auction via AP)

BOSTON — An authenticated Apple-1 Computer prototype from the mid-1970s has sold at auction for nearly $700,000.

The prototype was used by Apple co-founder Steve Jobs in 1976 to demonstrate the Apple-1 to Paul Terrell, owner of The Byte Shop in Mountain View, California, one of the first personal computer stores in the world, Boston-based RR Auction said in a statement.

RELATED: If you have an iPhone, you should probably update it ASAP. Here's how.

A Bay Area collector who wishes to remain anonymous made the winning $677,196 bid on Thursday, the auctioneeer said.

“There is no Apple-1 without this board — it’s the holy grail of Steve Jobs and Apple memorabilia,” said Bobby Livingston, RR's executive vice president.

The board has been matched to Polaroid photographs taken by Terrell in 1976, showing the prototype in use. It was also examined and authenticated by Apple-1 expert Corey Cohen, whose notarized 13-page report accompanied the sale.

The prototype resided on the Apple Garage property for many years before being given by Jobs to the seller about 30 years ago.

Perhaps unsurprisingly given its age, the prototype isn't in mint condition. 

"Several of the ICs have been plucked from their sockets, as have the microprocessor and other components, presumably for use on early production Apple-1 Computers," RR's description reads, adding that the board is cracked. 

According to the company's website, a new-in-box first generation iPhone went for $35,414 the same day.

RELATED: Apple warns of security flaw affecting phones, tablets, computers

RELATED: Amazon testing new TikTok-style feature on its app, AI firm says

Val Lick contributed.

Before You Leave, Check This Out