Feeds

Apple's founding contract to fetch up to $150,000

Sotheby's auctions off the ultimate fanboi holiday gift

Boost IT visibility and business value

Apple's founding contract is going on the auction block at Sotheby's in New York and is expected to fetch between $100,000 and $150,000.

"With everything in the news, this seems to be the time to do it," the auction house's books and manuscripts chief Richard Austin told Bloomberg.

The three-page contract was signed by The Two Steves™ – Jobs and Wozniak – along with lost-to-history cofounder Ronald Wayne on April Fools' Day 1976. Included in the lot – number 241, should you be interested in placing a bid – is the Statement of Withdrawal signed on April 12, which Wayne signed relinquishing his 10 per cent ownership.

For that princely sum, however, you'd receive somewhat damaged goods: Sotheby's notes that documents come with "small staple holes and crease in upper left corners."

Apple's original founding contract

A mere $100,000 to $150,000, and the ultimate fanboi holiday gift can be yours

"This is a foundation document in terms of financial history, social history and technological history," said Austin, presumably in support of the lot's high expected price – exceeded only by a signed letter from George Washington, estimated to be worth $300,000 to $500,000, and a notebook of famed Bengali author and composer Rabindranath Tagore, estimated at $150,000 to $250,000.

Wozniak, Jobs, and Wayne's signatures on Apple's founding contract

Ronald who?

Had Wayne kept his original 10 per cent stake in Apple, Job's biographer Walter Isaacson estimates, at the end of 2010 he would have been worth $2.6 billion – more than enough to snap up all 353 lots in Sotheby's December 13 auction. ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.