Sealed first-generation iPhone fetches $190,000 at auction

by time news

2023-07-18 23:20:00

Collectors with a keen eye leave the items they buy with the original shrink wrap, which gives them a huge boost in value when they are sold years later. In the case of the iconic iPhone originalthe first generation, even more so because has been auctioned at at LCG Auctions reaching the amount of $190,372.80. It is a model with only 4 GB of storage, produced for only two months, so it is much rarer than the 8 GB model.

This iPhone went on sale in 2007 in a fairly small number compared to the tens of millions of units that the company sells every year right now. This mobile still used GSM/GPRS/EDGE cellular connectivity, and it was the following year that the 3G model arrived, along with the first version of the App Store.

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