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How much would you pay for a piece of high-tech history? for a collector The answer is more than $39,000.
That’s the amount bidders paid this weekend for a first-generation factory-sealed iPhone. which their winning bid was $39,339.60.
The 8GB smartphone was sold by LCG Auctions on Sunday. The device originally sold for $599 in 2007 or $852 in 2022 after inflation. and found that the price rose sharply from an open bid of $2,500 in five figures.
Mark Montero, founder of LCG Auctions, said: “We expect the auction to be very active. And it did not disappoint as a number of avid and sophisticated collectors raised prices from just $10,000 on Sunday afternoon to a record level on Sunday night,” it said in a statement.
“We congratulate all the winners, suppliers and bidders for making this auction one of the most dynamic in our history.”
Steve Jobs released the first iPhone in 2007 and Apple quickly sold millions of them.
Phones sold over the weekend are advertised as in “excellent” condition, with an “old” label underneath the plastic seal and no aftermarket sticker on the box.
In addition to the 8GB capacity, the phone also has a 2 megapixel camera.
For context, the base model of the recently launched iPhone 14 has 128GB of storage and has a 12MP main camera with an ultra-wide-angle lens.
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