Sotheby's Auctions Off Apple Computer Company Business Documents

The founding documents for the Apple Computer Company are up for auction at Sotheby's for $100,000 to $150,000.

In 1976, on April 1st, Steve Jobs, Ronald Wayne and Steve Wozniak drafted a three-page contract to establish Apple Computer Co. Now, after 35 years, these papers with the signatures of the three founding partners will be hit the auction block in New York next month.

The document is part of Sotheby's sale of books and manuscripts which will take place on December 13th.

The documents of Apple Inc. include two types signed by "Stephen G. Wozniak" and "Steven P. Jobs" along with amendments. The lucky buyer will also receive the Statement of Withdrawal signed by "Ronald G. Wayne."

The Statement of Withdrawal contains Wayne's relinquishment of 10 percent stake or $800 of the company. Even though Wayne later on received another $1,500, it still was a bad deal as Apple is presently worth around $350 billion, as reported by Mashable.

The head of books and manuscripts at Sotheby's in New York, Richard Austin, stated, "This is a foundation document in terms of financial history, social history and technological history."