Newsweek Magazine Signed by Steve Jobs Sells for More than $50K At Auction

A Newsweek magazine signed by Steve Jobs fetched far more than initial expectations at an auction this week. According to a previous report, the 1988 magazine was originally expected to go for between $10,000 and $15,000, but ultimately brought in $50,587. Newsweek Magazine Signed by Steve Jobs Sells for More than $50K At Auction.

Newsweek Magazine Signed by Steve Jobs Sells for More than $50K At Auction

The headline of the magazine says “Mr. Chips. Steve Jobs Puts The ‘Wow’ Back In Computers”. It was related to the magazine’s cover story which revolved around Jobs and the launch of his very first NeXT Computer.  The autograph of Steve Jobs is basically what makes this magazine so special. The story behind the autograph is rather interesting.

Diane Williams, from Escondido met Steve Jobs when she was working as a senior buyer for the software company Lotus Development in October of 1988. She and Jobs met at the launch of the NeXT Computer. She went to Jobs for an autograph to which he responded that “I don’t do autographs”. Williams then asked Jobs to “write something from the heart then”. This won over Apple’s co-founder and he wrote “I love manufacturing” on the cover of the Newsweek magazine.

Although it is not the first time that Steve Jobs’ autographs have gone on sale. The previous autographs went from around $19,600 to $40,000. But this time around, the “I love manufacturing” anecdote along with a cute story to back it up led it to the price of $50,587 at the auction this week. The buyer was an unknown person from Chicago and we are not yet sure what happens with the magazine next.

Steve Jobs’ iconic BMW Z8 will also be auctioned in December through a firm based in New York. The iconic car is expected to cost around $300,000 to $400,000. Lets see how the next auction turns out.

SEE ALSO: iPhone X Available for pre-order at Apple Online Store

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