27 May
2013
27 May
'13
4:51 p.m.
On 05/27/2013 06:27 PM, Brent Hilpert wrote:
On 2013 May 27, at 12:21 PM, Dave McGuire wrote:
Given the information at hand, I cannot disagree with your assertion. But
if someone had the expectation to be able to get hundreds of thousands of
dollars for the price of a phone call, and it's not like it's tough to figure
out who to call, why would he? After all...THAT is capitalism.
I do wonder what really went on here.
-Dave
--
Dave McGuire, AK4HZ
New Kensington, PA
From Tothwolf's earlier post:
----------------------------
http://bits.blogs.nytimes.com/2013/05/25/vintage-apple-1-sells-for-record-6…
"That surpassed the $640,000 record for an Apple-1, set last November at a
sale at the same auction house in Cologne, Germany, Auction Team Breker. The
fall 2012 sale was a sharp rise from the previous record price for an Apple-1
of $374,500, set in June 2012 at Sotheby?s in New York."
"Told the of sale price, Mr. Hatfield said, ?My God.? Then, he added, ?Best
to him. He?s the one who fixed it up and figured the best way to sell it for
all that money. Evidently, he?s very good at this.?"
----------------------------
This suggests (does not PROVE, but suggests) that he had no clue that it
could possibly go that high. I myself don't often say "My God" when
I'm not
surprised about something.
Here's a source that I'll presume has some reliability:
Mike Willegal's Apple I registry states Hatfield's unit was
"Sold to a Texas based collector in fall of 2012 for $40,000"
The 640K sale was in November of 2012.
Which sale was first? We don't know, but as November is late fall, on a
strict statistical basis it's more likely that Hatfield's 40K sale was before
the 640K sale, Hatfield was in a position to be both informed when he made
his sale and still surprised at the later 671K sale price. Before the Nov
640K sale, no one 'had a clue' that it could go that high.
The 374K sale was in June of 2012, but a unit also sold for 75K in that same
month, and around that same time period a unit failed to sell for 75K. In
2009, units sold for both 17K and 50K. It's hard to say whether there's any
significant correlation between working/non-working and market value (and for
us it's not really an issue as it's not likely to be difficult to get
working, depending upon how picky one wants to be about date codes & c.), but
it is to say that market values in the same time period are varying widely.
In the fall of 2012 I don't see it as non-sensical for even an informed
person to view the 374K sale as an outlier, take the sure-thing 40K and let
someone else deal with the hassles.
Maybe Hatfield has some regrets - although he doesn't sound like it - but he
had already registered his unit with Willegal, he doesn't strike me as being
ignorant of what he had.