Re: Early apple employees Dick and Cliff Huston selling off collection


"Steven Hirsch" <snhirsch@xxxxxxxxx> wrote in message news:h7adnZik-9YAnDfWnZ2dnUVZ_jSdnZ2d@xxxxxxxxxxxxxxx
Michael J. Mahon wrote:

Another person with too much extra money bought the Apple I for
$42,766. Amazing! The economy must be doing good somewhere. :)

It's a good investment--a prime specimen bought below typical
market price.

Many fortunes were made following the Great Depression, since valuable
assets were sold for pennies on the dollar.

In general, I'd concur with that statement. However, I really think that amount is just over the top for a piece of equipment
with little meaning to anyone outside the microcomputing world. Certainly I wouldn't put an Apple I in the same category as, e.g.
a piece of fine art or a painting. Or even, for the musicians among us, a 1958 Cherry Sunburst Gibson Les Paul guitar. FYI:
these have sold for in excess of $500,000.

Steve

You mention that the Apple I has its own niche market. But then, your
other examples, fine art and vintage guitars, also have their own niche
markets. So where is the difference in your statement?

A collector is a collector. The person who bought the Apple I for $42,766
isn't necessarily a vintage computerist as we are. They may have merely
seen something that will increase in value and took a chance on that fact.

Bill


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