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Apple's founding documents pull in $1.6 million at auction
Over two weeks ago, the internets were abuzz with talk of Apple's founding documents hitting the auction block. Word was, they'd rake in a sizable $150,000 on the high-end, but it appears even Sotheby's underestimated the power of paperwork. The three sheets of dead tree in question, signed by Steve Jobs, Steve Wozniak and Ronald Wayne (Apple's often forgotten third founder) fetched a whopping $1.6 million today. The documents originally belonged to Mr. Wayne, who reportedly received just $2,300 after relinquishing his stocks and agreeing to forfeit claims against the big Apple. According to Bloomberg, Sotheby's identified the winning bidder as Eduardo Cisneros, CEO of the Cisneros Corp. Over two weeks ago, the internets were abuzz with talk of the Apple's founding documents hitting the auction block. Word was, they'd rake in a sizable $150,000 on the high-end, but it appears even Sotheby's underestimated their value. The three pieces of paper in question, signed by Steve Jobs, Steve Wozniak and Ronald Wayne, Apple's short-lived third founder, fetched a whopping $1.6 million dollars today. The documents originally belonged to Mr. Wayne, who reportedly received just $2,300 after relinquishing his stocks and agreeing to forfeit claims against the big Apple. According to Bloomberg, Sotheby's identified the winning bidder as Eduardo Cisneros, CEO of the Cisneros Corp.
Apple's founding documents go up for auction, estimated to bring in $150k
Sure, your OG iPhone may look like a relic from Apple's past, but for a true bite of old skool memorabilia you may want to consider bidding on the company's original founding documents signed by Steve Jobs, Steve Wozniak and Ronald Wayne. The three-page treasure, which established the Apple Computer Company way back in 1976 won't come cheap, though, as they're expected to go for a cool $100,000 to $150,000. Besides the starting papers, Sotheby's New York is throwing in Ronald Wayne's Statement of Withdrawal as part of the package, a document that gives up his ten percent stake in the biz -- what some may call a $2.6 billion dollar mistake. Check out the source for more auction details.
