Rare Vintage MITS Altair 8800b Microcomputer with Disk Drive Assembly - $500 Reserve Price *READ THE DESCRIPTION*
Lot #4
Item: d64c-4809417

Eden Prairie, MN

This Lot is:

Closed

Thu, Jul 11, 2024 8:46pm CDT

High Bidder: #123233

Current Bid:

$1,375.01

Next Required Bid: $1,450.01

Reserve Reached!

Location / Contact:
7500 Golden Triangle Dr., Eden Prairie, MN 55344
Phone: 651-600-2511

Lot Description:

The Altair 8800b was manufactured by Micro Instrumentation and Telemetry Systems (MITS) between 1977-1982. The Altair was widely acknowledged as the first home computer kit. It was developed by Ed Roberts, and American electronics enthusiast who had founded MITS, originally to sell calculator kits. This computer and disk drive have been sitting on a server rack untouched for years. The Altair 8800b was plugged in and powered on 6/14/24.

The unit powered up and fan came on but within seconds some smoke emerged from one of the circuit boards/capacitors. The unit was immediately shut off. The disk drive was powered on successfully with a fully functioning fan and no issues.

This model has sold for up to $9,000 in the past.

Smoke Free Home.

Please pay online before pick-up or pay cash onsite (exact change preferred). Do not bid unless you intend to pay (and pick-up on designated pick-up day).

PLEASE NOTE:  We are not able to accommodate individual/specialized pick-up dates and times. Please review the pick-up schedule BEFORE bidding to ensure you are available or can send someone in your place to pick up your items. DO NOT Call and ask for a special individualized pick-up date and time as we cannot accommodate this.  If you are bidding, you are aware of the pick-up date and time and it is not our responsibility to send reminders. We do our best to send reminder texts and phone calls when needed. 

No packing materials including boxes are provided. Customers are responsible to make sure they have all their items before leaving the pick up/auction site. We are not responsible for items they forget or leave behind. 

If purchasing furniture, you will need to bring help as employees do not provide lifting and moving assistance. 

You will need to park on the South Side of the Building.  There is a side door that you will need to enter.  This is a secure building.  Please call (651) 600-2511 and ask for Mike to let you inside.  

Inspection

Wed, Jul 10, 2024
05:30 pm - 06:30 pm

Auction Closing:

Thu, Jul 11, 2024
08:45 pm

Removal:

Sat, Jul 13, 2024
10:00 am - 03:00 pm

Removals are by appointment within the schedule above.

Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Buyer's PremiumCap
15.00%$1,500.00


This auction is contracted and managed by: Heartland Estate Sales & Services LLC

Manager: Michael Reinertson


Payments Accepted:  Online payments through K-BID, Credit Cards (Visa, Mastercard, Discover, Amex) on site or cash (exact change preferred) will accepted. 

Certified bank check for purchases over $5,000.  

No personal checks accepted. 

View shipping options for shipping terms on this auction.   

At our discretion credit cards accepted for over $5,000 with a 3% fee on the total invoice amount.

PLEASE COME PREPARED WITH HELP AND AN APPROPRIATE VEHICLE FOR THE REMOVAL OF LARGE AND HEAVY ITEMS. 

Employees of Heartland Estate Sales & Services, LLC are unable to help lift, carry, or transport large or heavy items. 

IMPORTANT: Inspection and removal times are firm. DO NOT bid on this auction if you are unable to honor the scheduled removal/ pick up time(s) and day. At the close of the removal/ pick up day, all unpaid invoices will be processed as NO SHOWS and all remaining lots will be considered abandoned and disposed of at the affiliates discretion. 

No refunds will be given for abandoned lots.  You have 2 calendar days after the scheduled pick-up date to remove your items.  We reserve the right to dispose of the lots if you do not pick up your items after the 2 days have elapsed. 


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.



7500 Golden Triangle Dr.
Unit A11
Eden Prairie
MN, 55344


Phone: 651-600-2511

Shipping for items marked with GREEN Truck only.  There will be a $4.50 handling charge plus postage for each package shipped.

Thanks for bidding, please have your bidder number or account info handy at removal!  

 

Bid History

14 Bid(s)
Bidder Placed High Bid
123233
Jul 11 08:52pm
$1,375.01
46221
Jul 11 08:51pm
$1,300.01
123233 ^
Jul 11 08:49pm
$1,225.01
46221
Jul 11 08:49pm
$1,150.01
123233 ^
Jul 11 08:48pm
$1,075.01
46221
Jul 11 08:48pm
$1,000.01
123233
Jul 11 08:46pm
$919.00
193463 ^
Jul 11 08:44pm
$800.00
123233
Jul 11 08:44pm
$750.00
193463
Jul 11 08:40pm
$675.00
263995
Jul 10 08:00pm
$625.00
386548
Jul 10 03:35pm
$525.00
471429
Jun 30 04:37pm
$500.00
123233
Jun 28 10:09am
$300.00