A stock's price is not necessarily indicative of quality. However, looking at some of the highest stock prices ever can be educational for those interested in the history of the stock market.

Berkshire Hathaway ($445,000)

Berkshire Hathaway is the holding company of billionaire investor Warren Buffett. The stock hit $445,000 per share in May 2021.

Notable companies under the Berkshire umbrella include GEICO Auto Insurance and Helzberg Diamonds. Berkshire is also a shareholder of Apple (AAPL), Bank of America (BAC), and Coca-Cola (KO).

Buffett's success as an investor led to a fantastic increase in Berkshire's share price. Berkshire Hathaway A shares (BRK.A) trade at $419,000 per share as of July 22, 2021. For individuals interested in investing in Berkshire, the company's B shares (BRK.B) are much more affordable $278 per share as of July 22, 2021.

Seaboard ($4,699)

In April 2019, Seaboard Corporation (SEB) reached its record high of $4,699 per share. Today, the company trades at $3,885 (as of July 22, 2021). Seaboard Foods is one of the largest producers of grain and agriculturally-derived products in the U.S.

Furthermore, the marine division provides shipping services to the Caribbean, as well as Central and South America. Seaboard milling facilities process and sell grain products worldwide. The company may be best known for its large stake in Butterball Turkey.

NVR ($5,308)

NVR (NVR) is a homebuilder operating under the names of Ryan Homes, NVHomes, and Heartland Homes. It markets in many states, building and selling homes, as well as offering mortgage financing and title insurance.

NVR hit an all-time high of $5,308.48 in mid-2021. The global crisis took a toll on the company, reducing its price by almost 50% in March 2020.However, it recovered most of those losses within a few months and trades at $5,000 per share as of July 22, 2021. The company might have benefited from the historic increase in home prices and the seller's market of homes in the U.S. during the pandemic and its related shortage in lumber and construction materials."

Amazon ($3,773)

Amazon (AMZN) was still hitting new highs as of July 2021. The company's stock suffered an initial pullback during the 2020 bear market. However, it soon became clear that Amazon would benefit from the crisis as consumers shifted their shopping online. Shares now trade at $3,625 per share as of July 22, 2021.

The online bookstore-turned-everything store recovered from a terrible plunge below $10 a share after the dotcom bubble burst. Amazon's founder, Jeff Bezos, is the wealthiest person in the world as of July 22, 2021.

Alphabet/Google ($2,670)

Technology giant Alphabet (GOOG), which is best known for its Google search engine, reached a record high of $2,670.09 in mid-2021. Shares now trade near their all-time high at $2,668 as of July 2021. Google produces revenue through advertising, publishing tools, and the Android operating system.

Driving Google'srevenue growth is the continued adoption of advertising, which accounts for 80% of Google's revenue (notably its AdSense and AdWords platforms). Google is part of the global super apps and FAMGA club.

Google's suite of products is too long to list—just open the waffle on the google home page and you will get an idea. Google leads education, GPS navigation, global business mapping, web conferencing, cloud storage, email communication, and even autonomous transportation, along with a giant host of other products and services.

Calumet and Hecla ($1,000)

Calumet and Hecla was a copper mining business that began mining in Houghton County, Mich. The company exceeded all expectations when, in 1906, it produced nearly 100 million pounds of copper. That propelled the company's stock price to $1,000 in 1907.

Apple ($702.10)

Apple (AAPL) passed Exxon as the largest company in the world in 2011. It reached its all-time high in September of 2012 on the back of a 2012 gain of more than 70%. After reaching all-time highs, the maker of the iPhone, Macintosh computers, and the iPad, saw a severe pullback. The company had a 7-to-1 stock split in 2014 before the share price could fully recover.

On a split-adjusted basis, Apple repeatedly hit new record highs between 2014 and 2020. However, $702.10 remained the all-time price high for Apple without adjusting for splits.

General Motors ($697.00)

General Motors (GM) had a stock price under $30 as of June 2020, but the history of the iconic automaker is long and storied. According to The New York Times, GM was the largest automaker in the world from 1931 to 2008, when Toyota passed it.

GM led the way in automobile innovation but also in creating complicated corporate structures. In September 1916, GM hit a record high of $697 per share but collapsed shortly after because the market for new automobiles dried up. In 2009, the Great Recession forced GM to file for bankruptcy. It later reemerged, but with the federal government holding 500 million shares.

The Bottom Line

In the eyes of an investor, price does not necessarily reflect value. A more expensive stock does not always translate to a better company. Instead, these stories relate the journey from idea to income—from genius to growth—all laid out on a tapestry woven by the ever-evolving machine of American capitalism.

On the front of investors affording to buy these stocks, this problem is currently solved thanks to fintech and technology. All stocks now can be fractioned and the investor can buy any portion they can afford. So, a stock split event is not as important and useful as it used to be.