HomeTechnologySold at auction, a still-wrapped first-generation iPhone reaches a record price

Sold at auction, a still-wrapped first-generation iPhone reaches a record price

Estimates for the device had a retail price of between $50,000 and $100,000, but that has been exceeded.

A new record sales price has been reached for a first-generation iPhone. On July 16, auction specialist LCG Auctions closed the sale on a copy of the first iPhone sold by Apple. Introduced by Steve Jobs in January 2007 and marketed in June 2007, the device was still packaged, causing its price to skyrocket.

Only 28 bids were necessary for the starting price (10,000 dollars) until the final bid of 158,644 dollars (about 141,300 euros). Much more than the budget of the object that was set between 50,000 and 100,000 dollars. Especially since a 20% tax brought the actual purchase price to $190,372.

A new sales record

Extremely rare, the iPhone was on sale for two weeks. But it was only on Sunday, the last day of the auction, that prices panicked. In just under an hour, the device went from an offer of $61,000 to its final purchase price.

This sale set a new sales record for the first generation iPhone. In February, LCG Auctions had already been able to offer the first model of the Apple phone. But he hadn’t found a taker against “only” $63,356. Late last year, a second-generation iPhone sold for almost $40,000.

In November 2021, an iPhone was purchased for $75,000, but it was not an official model. A Swiss robotics student had modified the phone to remove its proprietary charging port and replace it with a universal one. He thus had put into circulation the first iPhone equipped with a USB-C charger. Connectivity that real Apple devices could accommodate this year.

Author: pierre monnier
Source: BFM TV

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