After the iPhone 4 with its rare and zero-packaging 4GB storage capacity, another Apple product is gaining value in auctions. We are talking about a very special check signed by Steve Jobs and Woz, which is believed to fetch a considerable amount, considering the hefty prices Apple-logoed shoes recently fetched in auctions. Here are the details of this unique check:
Signed by Steve Jobs, its value has multiplied over the years!
Although we call it a check, the amount written on it is not that significant. You might not believe it, but the value of this check is just $116.97! Moreover, the check dates back to 13 days before the company’s official establishment, showing the famous garage where Jobs and Woz started Apple was used as the company’s office. Yes, it’s the famous garage where Apple was born!
This Wells Fargo bank check, equivalent to $116.97 in that period, will go up for auction. It measures 7.5 x 3 inches, filled out, and bears the signatures of both Steve Jobs and Steve Wozniak. The check was signed 13 days before the official founding of Apple, proving that many of the partnership rules were already in place among the co-founders.
The partnership agreement was made 13 days after the check was issued. The check, dating back to 1976, was written for a hobbyist computer manufacturer. In exchange for $116.97, the Jobs purchased a single PCB kit. Although the check going up for auction was signed before the official founding and the partnership agreement, the rules among the partners had already been established.
According to the company and partnership agreement rules, any payment over $100 required the approval of both partners. This explains why a check was signed by both partners for just $116. Finally, as mentioned above, the iconic detail of the address on the check being the famous garage symbolizing Apple’s founding adds further significance to it.
What are your thoughts on this check? Don’t forget to share your opinions in the comments section…
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