On 2013 May 27, at 12:21 PM, Dave McGuire wrote:
From Tothwolf's earlier post:
----------------------------
http://bits.blogs.nytimes.com/2013/05/25/vintage-apple-1-sells-for-
record-671400/
"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.
The unit was
purchased from Hatfield in non-working condition.
Hatfield settled for a sure thing, the middleman did the work and
took a gamble.
Ok, I can buy that argument. But people (not harping on YOU here
Brent)
keep asserting "NON-WORKING" "BROKEN" etc etc, as if that actually
affects
the value of an Apple I. I seriously doubt most of these high-
dollar Apple
Is will ever be powered up again.