News | November 29, 2011

Haute 100 Update: Original 1976 Apple Contract Expected to Auction for $150K

News | November 29, 2011

Megafans who want a piece of Apple’s history (besides their beloved products) now have an amazing chance. The ultimate piece of the company’s legacy, its original 1976 legal contract, will be going up for auction through Sotheby’s in December.

The auction house is expecting anywhere from $100,000 to $150,000 for the iconic piece of tech history, although speculators and Apple enthusiasts are willing to bet it exceeds expectations. The document, dated April 1, 1976, is signed by early Apple founders Ronald G. Wayne, Stephen G. Wozniak, and the late and great Steve Jobs.

The documents originally belonged to Wayne, dubbed Apple’s “forgotten founder” as he excused himself from the company for $800 early on, much to his misfortune. Through a university archive, Sotheby’s gained access to the papers and is now putting them up for sale through the unprecedented auction.

“The consigner bought the documents in the mid-1990s from a manuscript dealer who had acquired them from Wayne,” explained Richard Austin, head of manuscripts at Sotheby’s in New York. “It was right before Jobs rejoined Apple. At the time, everyone thought that Apple was pretty much finished.”

The auction will be held on Tuesday, Dec. 13 in New York. Bidders may also participate in the auction simultaneously online.

Our Haute 100 list details the happenings and accomplishments of the most influential people in each of our markets. To see the entire Haute 100 San Francisco list, click here.

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