Who knows that a previously bought iPhone would sell for ten times more than its original price? Well, the recent auction where a sealed original iPhone first released in 2007 was sold for a record-breaking price, one of the highest bids in the market for this particular smartphone, garnering over $63,000 for its pristine condition.
It is the iPhone in all its former glory, as the box remained with its plastic covering, remaining unopened for almost two decades, preserving all of the histories since Steve Jobs first revealed it to the public.
Original, Sealed First-Gen iPhone Sells for $63,000 at Auction
One of the most pristine conditions original iPhone, the first generation released in 2007, recently sold at an auction for a whopping price of $63,000 at LCG Auctions. The smartphone is valued at $599 on its first release only, and this antique sold for more than ten times its price since its release 16 years ago, back when Steve Jobs introduced it to the world.
There are no more iPhones of this sort available in the market now, which is one of the top reasons for its high-selling price.
Furthermore, it is preserved in its original condition, including the plastic seals which remained intact at the time it was sold.
Business Insider's report said that the original owner did not open the iPhone in 2007 because it was exclusive to AT&T, and left the box and seals unopened.
Now, it amounts to more than ten times its original amount and is a win for the previous owner.
This is a New Record Price for the Original iPhone
With the many Apple memorabilia sold in the past, this is one of the most pristine conditions offered in the market which offered the entire package of the device. Additionally, this is also a new record price for an original, first-generation iPhone that has never been opened, and brought to auctions for sale to interested buyers.
Apple Memorabilia at Auctions
Apple's memorabilia are one of the most famous in auctions, as they are the ones touched by its departed creator and founder, Steve Jobs, which brought the company massive fame.
A previous auction that featured an original and sealed iPhone also sold for a whopping price of $35,000, less than twice the amount it sold today.
It also came alongside a sealed iPod, the original one that has the famed buttons for control also sealed and kept in a pristine condition, for as much as $25,000.
There was also a claimed "Steve Jobs original" development of the Apple-1 prototype, debuting the computer development of Apple, also known as the iMac's predecessor. This device sold for more than $700,000 at the auction.
There are many products over at Apple now that users may buy for retail prices, but previous devices, the ones which endured significant history and years on its belt are now up for bids for thousands of dollars in the auction market.
Buyers have plenty of reasons to purchase these antiquities, and whatever they are, it preserves the technologies in the past which made the world more advanced, like with this original iPhone from 2007.