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Unopened first-generation iPhone sells at auction for $190,000

Steve Jobs, CEO of Apple, Inc., displays the new iPhone during his keynote speech at Macworld, Tuesday, January 9, 2007, at the Moscone Center in San Francisco
Steve Jobs, CEO of Apple, Inc., displays the new iPhone during his keynote speech at Macworld, Tuesday, January 9, 2007, at the Moscone Center in San Francisco
MCT

When the original iPhone was released in 2007, it retailed for $499.

At an auction earlier this week, an original, unsealed iPhone, the very same kind that was first sold in 2007, went for $190,373, almost 380 times its original price!


This iPhone was particularly rare though.  LCG Auctions says this model was only 4GB, which is 20 times rarer than the 8GB model released at the same time for $599.

Apparently, the 4GB model was discontinued just two months after its launch, because customers wanted the larger memory size.

Is it $190,000-rare, though?

According to ABC News, this was the third original iPhone to sell for record prices at auction in the past year. An 8GB model sold for $63,356 in February, and another 8GB model garnered $39,340 in October 2022.

All phones were factory sealed and in their original packaging.

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