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

2023-07-17 06:05:46

Estimates of the device were counting on a sale price between 50,000 and 100,000 dollars, but they have been exceeded.

A new record selling price has been reached for a first generation iPhone. On July 16, the auction specialist LCG Auctions closed the sale of a copy of the very first iPhone sold by Apple. Presented by Steve Jobs in January 2007 and marketed in June 2007, the device was still packaged, which caused its price to explode.

It only took 28 bids for the starting price ($10,000) to the final bid of $158,644 (regarding 141,300 euros). Much more than the estimate of the object which was fixed between 50,000 and 100,000 dollars. Especially since a 20% tax brought the actual purchase price to $190,372.

A first-generation iPhone was auctioned on July 16, 2023 for $158,644. – LCG Auctions screenshot

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 a $61,000 bid 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 Apple’s phone. But he had not found a taker once morest “only” 63,356 dollars. Late last year, a second-generation iPhone sold for nearly $40,000.

In November 2021, an iPhone was snapped up for $75,000, but it wasn’t 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 had thus put into circulation the first iPhone equipped with a USB-C charger. Connectivity that real Apple devices might accommodate this year.

Top Articles

1689574924
#Sold #auction #stillwrapped #firstgeneration #iPhone #fetches #record #price

Leave a Replay