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A job application handwritten by Steve Jobs when he was 18 is going on sale as a NFT and in print form

Jul 21, 2021, 22:54 IST
Business Insider
Steve Jobs. Jeff Chiu/AP
  • A handwritten job application by Steve Jobs from 1973 is going on sale on Wednesday.
  • The original print and a NFT will be auctioned by London-based entrepreneur Olly Joshi.
  • The auction will go live on July 21 at 9:41 a.m. PT, in honor of the time Jobs used for Apple launches.
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Steve Jobs' handwritten job application from 1973 is on sale from Wednesday as a non-fungible token and in its physical form, in an event that tests which of the two is considered more valuable.

The one-page document is said to be the former Apple CEO's first job application. It doesn't mention what position or company he was applying to, but it was penned a year before he joined video-game maker Atari as a technician in 1974. At the time, he was still three years away from founding the now iconic brand Apple.

He lists English literature as his major and Reed College, from which he dropped out, as his address. His special interests and abilities note "electronics tech" and "design engineer," while his skills include experience with computers, calculators, and design technology.

Jobs states that he has a driver's license, and that access to transportation is "possible, but not probable."

Here's what the form looks like:

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Olly Joshi

The handwritten piece of paper has already been auctioned three times since 2017, with its value rising 1,200% during that period, showing just how attractive the item is.

London-based tech entrepreneur Olly Joshi, who bought the original application for $224,750 at a London auction in March this year, will be hosting the "NFT versus Physical" auction.

The latest auction "aims to highlight the modern shift in perceived value - the physical or the digital," Joshi said in a statement, and added that this could open a whole new market for collectibles in which both forms co-exist.

When will the asset be available for sale?

The simultaneous physical and NFT auction will go live from July 21 at 9:41 a.m. Pacific Time, in honor of the specific time Jobs used to reveal a new Apple product during launch events. It will close on July 28 at 2:00 p.m. Pacific Time.

Bids on the digital asset, which is being sold in partnership with NFT marketplace Rarible, should be placed and paid for in ether. The physical form, sold via a partnership with auction software company Snoofa, can be purchased with cash or the cryptocurrency.

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"This unique auction format will truly test where value lies," Alexander Salnikov, co-founder of Rarible, said in a statement. "Coming from a tech background, obviously I'm fighting on the NFT side. May the best Jobs application win!"

An undisclosed percentage of the sale will be donated to charity partners Cancer Research Institute and One Laptop Per Child.

Read More: 'The volatility is literally off the charts'. A top Morningstar strategist has crunched the numbers on how much ether to add to your portfolio and lays out the 2 reasons it works as an investment asset

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