Have you been an Apple fan since the first iPhones were released? Have you owned one of the first iPhones? If so, you could be making a small fortune… or not so small. On Sunday, an original 2007 iPhone (it was sealed, never opened) sold for $39,339 at an auction hosted by LCG Auctions .
It is worth noting that in June 2007, the iPhone cost only $599. This means that the price at which it was sold at auction was 65 times higher than the original cost.
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The bids for the sealed authentic 2007 iPhone started at $2,500 on September 30. However, in the final days of the auction, more bids began to be placed. Gradually, the price exceeded $10,000 and then $20,000 and finally sold for about $40,000.
LCG Auctions said the iPhone was in “excellent condition,” as no one had ever opened or activated it. The device was in its original plastic packaging. According to LCG Auctions, collectors and investors would not be able to find a better, comparable item.
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However, this particular iPhone is considered primitive by today's standards. It has only 8GB of memory, touchscreen , and was designed to communicate with network , which the mobile carrier shut down in 2017. Of course, it has jack .
Since there was no App Store, the phone could only support the apps that came with it initially, including YouTube, Safari, and Weather. Also, while the first iPhone had Maps, there was no GPS. There was also no Siri.
However, collectors are not interested in how well the iPhone responds to current data.
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It's unclear how the iPhone remained sealed for so many years. LCG Auction has not provided details about it. The auction house initially expected the device to fetch "$30,000 and up," and it ended up being right. In August, another first-generation iPhone model, also never opened, sold for $35,414 in a separate auction.
Source: www.pcmag.com
