Someone just paid $63,000 to get an original iPhone

Feb 21, 2023 06:20 GMT  ·  By

New-generation iPhones are already pretty expensive electronics, but the original models that launched back in 2007 are selling for really big money.

An unsealed example that was sold by LCG Auctions recently caught the attention of quite a lot of collectors who apparently wanted to have the device in their collection.

After 27 bids, the unsealed original iPhone ended up selling for over $63,350, which means the wealthy person who bought it ended up spending over 100 times the original price of the device.

Back in 2007 when it was launched, the iPhone was available for just $599.

But according to the auction listing, the device has never been used because the owner, who received it as a gift from friends, could only use it on AT&T. As such, the device remained unsealed in the original box until today.

“Our offering was consigned by the phone’s original owner, Karen Green, and is coupled with a great backstory that was first shared on the Treasure Hunt segment of the syndicated television show “The Doctor & The Diva”.  Almost 16 years old, the phone presents magnificently, showcasing sharp corners front and back, rich color, and “case fresh” features.  The labels on the reverse are pristine beneath the seal and shelf wear is minimal.  This is the first original iPhone in acceptable condition to hit the auction block since the record-breaking sale in October,” the auction page reads.

Similar original and factory-sealed iPhones also sold for big bucks back in 2022. The most expensive such model was an original iPhone that ended up surpassing $39,000 at auction, so this new example is by far the king of the castle.

Obviously, the iPhone will remain unsealed, as nobody spends that much on a 2007 smartphone to start using it as a daily driver.