Unopened first-gen iPhone sells at auction for $190,000
engineering team when the iPhone debuted."Collectors and investors would be hard pressed to find a superior example," the auction house wrote.
The lot drew interest from multiple parties as 28 bids were lodged, including five that were over $100,000. In recent months, LCG Auctions has sold two 8GB variants of the first-generation iPhone for $39,000 and $63,000. But what helps this item stand out is that it's a rare 4GB model. Apple only produced this model for two months as consumers overwhelmingly preferred a version with double the storage.
It's unlikely that the buyer will actually open the package up and use the phone, since breaking the seal would send its value nosediving. If they did, though, they'd be tinkering with a device that probably wouldn't even be able to make a phone call, sincein many parts of the world. FaceTime would be a no-go, since there's no front-facing camera and the OG iPhone can't even run a version of iOS that supports the feature. The vast majority of other apps won't work on it.
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