Apple Computer Contract Signed by Steve Jobs, Wozniak and Wayne Fetched $1.6 Million at Sotheby's Auction

On April 1st, 1976, Steve Jobs, Steve Wozniak, and Ron Wayne signed the partnership contract for Apple Computer. The founding contract that made history was originally expected to sell for $150,000, but today sold for a whopping $1,594,500 million to Eduardo Cisneros, chief executive officer of Cisneros Corp, at a Sotheby’s auction in New York.According […]

On April 1st, 1976, Steve Jobs, Steve Wozniak, and Ron Wayne signed the partnership contract for Apple Computer. The founding contract that made history was originally expected to sell for $150,000, but today sold for a whopping $1,594,500 million to Eduardo Cisneros, chief executive officer of Cisneros Corp, at a Sotheby’s auction in New York.

Apple's Founding Contract Papers Sold for $1.6 million at Sotheby Auction

According to Sotheby's site:

"Two typed documents signed by "Stephen G. Wozniak", "steven p. jobs", "Ronald G.. Wayne": Apple Computer Company Partnership Agreement, dated 1April 1976, 3 pages (8 ½ x 11 in; 216 x 279 mm) with small staple holes and crease in upper left corners; With: Amendment dated 12 April 1976, 1 page, with erasure and minor corrections to text; And with: Registrant's Copy of County of Santa Clara Statement of Withdrawal signed by "Ronald G. Wayne," 1 page," the site reads.

The story goes that apparently the consigner bought the legal papers back in the mid-1990s "from a manuscript dealer" who is thought to had acquired them from Wayne. Just eleven days after signing the founding contract, Ron Wayne decided to sell his 10% of the company for $800, which is now worth $3.9 billion.