Apple computer built by Wozniak and Jobs fetches $500,000 at Southern California auction

A piece of computer history and coveted collector's item with ties to Southern California fetched six figures at auction this week. An Apple-1 computer, hand-built by Steve Wozniak and Steve Jobs in the 1970s, sold for $500,000 at auction Tuesday in Monrovia. The final bid for the unit was $400,000, with the buyer -- who wishes to remain anonymous -- paying an additional $100,000 premium, or commission, to John Moran Auctioneers. The Southern California-based auction house estimated that the unit, dubbed the "Chaffey College Apple-1" after its original owner was identified as a Chaffey professor, would sell for between $400,000 to $600,000. In 2014, Bonhams auction house sold an Apple-1 for more than $900,000.