Apple-1 computer sells for $400,000

In 1976, Apple sold the first Apple-1 computer for $666.66. A 45-year-old one that is still working been sold for $400,000.

It was one of 200 Apple-1 computers conceived, constructed, and tested by Steve Wozniak and Steve Jobs, with support from Patty Jobs and Daniel Kottke, and auctioned off by John Moran Auctioneers in Monrovia, Calif., on Tuesday. "What we have with the Apple-1 is sort of like the holy grail of vintage computer collecting," says Corey Cohen, an Apple and technology historian.

Because its first owner was a professor at Chaffey College in Rancho Cucamonga, California, the computer is known as the "Chaffey College" Apple-1. In 1977, he sold the computer to a student so that he could purchase an Apple II computer. The computer has been retained by the unidentified student until today.

Apple-1 motherboards were sold separately from cases, keyboards, and monitors. The unit is protected with a case made by The Byte Shop in Mountain View, Calif., which was the first Apple store.