A Never-Opened First-Generation 2007 iPhone Just Sold at Auction for 100 Times Its Original Price
The iconic phone sold for more than a Tesla Model Y.
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A first-generation, never-opened 2007 iPhone sold at auction last week for $63,356.40, surpassing expectations. (The 15-year-old relic was expected to sell for $50,000.)
The phone, which was listed in early February, was factory-sealed and featured 8 GB of storage and Apple’s original 3.5-inch screen. Bidding started at $2,500.
The sale price was over 100 times more than its original cost of $599.
RELATED: An Unopened 2007 First Generation iPhone Expected to Take in a Whopping $50,000 at Auction
The auction garnered 27 bids, according to the , LCG Auctions. Founder Mark Montero told that 10 buyers duked it out for the pricey mobile. Although it’s unknown who snagged the first-edition phone, Montero told the outlet the buyer was from the United States.
Although the buyer took home a piece of history, the phone’s original owner, Karen Green, is the one who came out on top with a huge payday.
In 2019, Green showed off her prized possession on the show “The Doctor & The Diva,” saying she received the phone as a gift when it was first released, however, she never opened it because she had a Verizon phone plan already and iPhones only operated on AT&T at the time, per .
During the show, the phone was appraised by Ph.D. Antiques Appraiser Dr. Lori for $5,000.
Prior to the latest sale, a similar mint-condition iPhone sold at auction in October 2022 for $39,339.60.
RELATED: ‘What a Shame’: A Generation Mourns as Apple Announces It Will Discontinue Beloved Device
A first-generation, never-opened 2007 iPhone sold at auction last week for $63,356.40, surpassing expectations. (The 15-year-old relic was expected to sell for $50,000.)
The phone, which was listed in early February, was factory-sealed and featured 8 GB of storage and Apple’s original 3.5-inch screen. Bidding started at $2,500.
The sale price was over 100 times more than its original cost of $599.
RELATED: An Unopened 2007 First Generation iPhone Expected to Take in a Whopping $50,000 at Auction
The auction garnered 27 bids, according to the , LCG Auctions. Founder Mark Montero told that 10 buyers duked it out for the pricey mobile. Although it’s unknown who snagged the first-edition phone, Montero told the outlet the buyer was from the United States.
Although the buyer took home a piece of history, the phone’s original owner, Karen Green, is the one who came out on top with a huge payday.
In 2019, Green showed off her prized possession on the show “The Doctor & The Diva,” saying she received the phone as a gift when it was first released, however, she never opened it because she had a Verizon phone plan already and iPhones only operated on AT&T at the time, per .
During the show, the phone was appraised by Ph.D. Antiques Appraiser Dr. Lori for $5,000.
Prior to the latest sale, a similar mint-condition iPhone sold at auction in October 2022 for $39,339.60.
RELATED: ‘What a Shame’: A Generation Mourns as Apple Announces It Will Discontinue Beloved Device
