A magazine cover signed by Apple founder Steve Jobs sold for over $16,000

Apple and Steve Jobs related memorabilia have always found a special place among the collectors. These artefacts have fetched thousands of dollars in the past. Earlier this week, another such memorabilia fetched over $16,000 ( ₹11.99 lakhs approximately) in an auction.

A Fortune magazine cover signed by late Apple founder Steve Jobs went on auction earlier this week on Nate D Sanders auction site at a starting price of $11,000 ( ₹8.24 lakhs). It was sold at a price of $16,638 ( ₹12.47 lakhs approximately).

What’s special about this magazine cover, other than the fact that it is signed by the legendary Apple founder is the back story associated with it. According to the auction site, the magazine signed by Steve Jobs is the Fortune magazine cover from 9 October 1989 issue. It was published shortly after the launch of Jobs' new company NeXT.

“Jobs signs in black ink, ''To Terry / steve jobs'', with his characteristic lower case signature, next to a photo of the charismatic technology icon,” the auction site wrote.

The auction site shared that the recipient, Terry, was one of Jobs' chauffeur drivers for several years before asking Jobs to sign this magazine. Although Jobs signed the magazine cover, he subsequently called the limousine company to complain about the autograph request.

Interestingly, while the cover did fetch over $16,000, it is one of the least costly Jobs artefacts ever sold. An original Apple Computer Inc logo sold for $20,000 ( ₹15,08,100 approximately) earlier this year. Similarly, a Toy Story poster signed by Jobs sold for $31,250 ( ₹23.42 lakhs approximately) last year while the first Apple Computer was auctioned for $4,00,000-$650,000 ( ₹2.81 to ₹4.56 crore approximately) last year.