Turning $500 into $2.4 million could be anyone’s wet dream cryptobro, but the story at hand It has nothing to do with investment. The protagonist is a small piece of paper, and not just any one, but one that was key in the creation of one of the most important technology companies of our era: Apple.
lto auction. It occurred a few days ago via RR Auction. The object auctioned was the $500 check that Steve Jobs and Steve Wozniak signed in March 1976 and its final price was $2,409,886, 4,800 times its original value. The check is encapsulated in a plastic casing and its authenticity and quality is certified with a “MINT 9” note, which indicates that it is in a perfect state of conservation.
The first check. Throughout their time together, the Apple founders signed many checks, but this one is special because it is the first of all. Furthermore, getting the money was not easy. At that time neither of the two steves He was rich, so Jobs had to sell his van and Wozniak his HP 65 calculator. At the time of his signature, there were still 16 days left before the official birth of the company, so we can affirm that he was a key player in the birth of Apple.
The assignment. We already know who the senders were, but who was the receiver? The check is made out to Howard Cantin, who at the time was designing printed circuit boards at Atari. The commission for which he received this amount was to create the plaque that would carry the Apple Ithe company’s first computer that went on sale a few months later. When it was time to get paid, Steve Jobs offered Cantin shares in Apple, but Cantin preferred money. Little did he know that the company would be worth $4 billion.
It was not the only thing that was auctioned. The check was the star object of the Apple 50th anniversary auctionbut there were many others such as the opening document for Apple’s first bank account, which sold for $828,569. The Apple poster that Jobs had hanging in his living room was also sold for $659,900 and the most expensive: the prototype of the Apple I board, which reached $2,750,000. In total, the auction has raised more than $8 million.
In Xataka | Einstein’s first violin had passed unnoticed. Until an auction house put it up for sale.
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