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The Price Is Wrong

Historical US dollar prices, not current valuations. Auction results are reported sale totals, including fees.

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Question sheet

  1. 1. What US price did Apple announce for the original 5 GB iPod in November 2001?
    • A. US$499
    • B. US$299
    • C. US$349
    • D. US$399
  2. 2. What US price did Apple announce for the 4 GB iPhone in January 2007, with a two-year contract?
    • A. US$599
    • B. US$699
    • C. US$499
    • D. US$399
  3. 3. What US starting price was announced for the 16 GB Wi-Fi iPad in January 2010?
    • A. US$699
    • B. US$499
    • C. US$399
    • D. US$599
  4. 4. What US price was announced for the original full-size HomePod in January 2018?
    • A. US$349
    • B. US$399
    • C. US$449
    • D. US$299
  5. 5. What US price was announced for first-generation AirPods in September 2016?
    • A. US$199
    • B. US$129
    • C. US$149
    • D. US$159
  6. 6. What sale result did Christie's report for Salvator Mundi in November 2017?
    • A. US$400,312,500
    • B. US$500,312,500
    • C. US$450,312,500
    • D. US$350,312,500
  7. 7. What result did Christie's report for Beeple's EVERYDAYS NFT in March 2021?
    • A. US$79,346,250
    • B. US$69,346,250
    • C. US$49,346,250
    • D. US$59,346,250
  8. 8. What result did Christie's report for Shot Sage Blue Marilyn in May 2022?
    • A. US$195,040,000
    • B. US$215,040,000
    • C. US$155,040,000
    • D. US$175,040,000
  9. 9. What sale price did Sotheby's report for the banana-and-duct-tape artwork Comedian in November 2024?
    • A. US$9,240,000
    • B. US$1,240,000
    • C. US$3,240,000
    • D. US$6,240,000
  10. 10. What result did Sotheby's report for a rare first printing of the final US Constitution text in November 2021?
    • A. US$33,200,000
    • B. US$53,200,000
    • C. US$43,200,000
    • D. US$23,200,000
  11. 11. What result did Christie's report for the T. rex skeleton STAN in October 2020?
    • A. US$41,847,500
    • B. US$31,847,500
    • C. US$11,847,500
    • D. US$21,847,500
  12. 12. What result did Christie's report for its Deinonychus skeleton in May 2022?
    • A. US$12,412,500
    • B. US$16,412,500
    • C. US$20,412,500
    • D. US$8,412,500

Answer sheet (for the quizmaster)

  1. 1. D - US$399
    Apple priced the original iPod at US$399, including headphones, cable and power adapter.
  2. 2. C - US$499
    The announced price was US$499 for 4 GB and US$599 for 8 GB, with a two-year contract. Later changes are not included.
  3. 3. B - US$499
    The entry-level Wi-Fi iPad was announced at US$499. Higher storage and cellular models cost more.
  4. 4. A - US$349
    The original full-size HomePod was announced at US$349, not the price of the later mini.
  5. 5. D - US$159
    Apple priced the original AirPods, including their charging case, at US$159.
  6. 6. C - US$450,312,500
    Christie's reported US$450,312,500. This is the documented transaction, not a judgment on attribution or current value.
  7. 7. B - US$69,346,250
    The lot record gives US$69,346,250 as the realised price for the digital work associated with its NFT.
  8. 8. A - US$195,040,000
    The 1964 Andy Warhol portrait sold for a reported US$195,040,000.
  9. 9. D - US$6,240,000
    The artwork sold for US$6.24 million. This was an art-market transaction, not an ordinary retail banana purchase.
  10. 10. C - US$43,200,000
    Sotheby's announced US$43.2 million after an approximately eight-minute bidding contest.
  11. 11. B - US$31,847,500
    STAN was sold in the 20th Century Evening Sale for a reported US$31,847,500.
  12. 12. A - US$12,412,500
    The dinosaur skeleton nicknamed the Raptor sold for US$12,412,500 on 12 May 2022.