Apple-1 Auction conclusion

From: Sellam Ismail <foo_at_siconic.com>
Date: Sun Apr 21 22:48:05 2002

On Sun, 21 Apr 2002, Chandra Bajpai wrote:

> Sellam...Who won it? Anyone on the list?

I am not certain if the buyer is on the list, but I must maintain
confidentiality in any case. I will say the buyer was from the southern
California area.

> Btw- Did the winner bid against himself? He had the winning bid of $14K,
> but he had an earlier bid (the 2nd highest one) in the 12.5K which look
> like should have won the auction.

I have no idea what went into the reasoning behind that bidding. There
was an earlier series of subsequent bids as well where the high bidder
outbid himself. My guess is that the $12,500 bid would have been
surpassed by another bidder, and it probably would have inched itself to
around $14,000 anyway, perhaps a littler higher if the tussle between the
two top bidders had continued. Incidentally, $14,000 was the reserve
price. The bidders did know this in advance.

All in all it got what I figured it would considering the timing. If this
was done 6 months from now, it would very well have sold for $18,000 or
more. The seller was motivated, which is why this sale was rushed as it
was.

Sellam Ismail Vintage Computer Festival
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Received on Sun Apr 21 2002 - 22:48:05 BST

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