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

Stefan Mileschin · 19th July 2023, 08:24

Someone with deep pockets has snapped up a piece of tech history after forking over $190,000 for a first-generation iPhone from 2007. That's around 300 times the device's original price.

Don't expect to fetch anything close to this kind of windfall by selling a 16-year-old smartphone you have stuffed in a drawer somewhere. This was a factory sealed device in "exceptional condition," according to the listing. Auctioneer LCG Auctions noted that the consignor of the lot was part of Apple's engineering team when the iPhone debuted. "Collectors and investors would be hard pressed to find a superior example," the auction house wrote.

https://www.engadget.com/unopened-fi...2.html?src=rss

19th July 2023, 08:24	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,738	Unopened first-gen iPhone sells at auction for $190,000 Someone with deep pockets has snapped up a piece of tech history after forking over $190,000 for a first-generation iPhone from 2007. That's around 300 times the device's original price. Don't expect to fetch anything close to this kind of windfall by selling a 16-year-old smartphone you have stuffed in a drawer somewhere. This was a factory sealed device in "exceptional condition," according to the listing. Auctioneer LCG Auctions noted that the consignor of the lot was part of Apple's engineering team when the iPhone debuted. "Collectors and investors would be hard pressed to find a superior example," the auction house wrote. https://www.engadget.com/unopened-fi...2.html?src=rss

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Spain delays 5G auction	Stefan Mileschin	WebNews	0	2nd April 2020 07:54
The Nintendo PlayStation sells for $360,000 at auction	Stefan Mileschin	WebNews	0	9th March 2020 06:54
Apple sells refurb iPhone X models starting at $769	Stefan Mileschin	WebNews	0	6th February 2019 08:06
Italy presses ahead with 5G auction	Stefan Mileschin	WebNews	0	14th June 2018 11:56
PS4 redesign supposedly pops up at an auction	Stefan Mileschin	WebNews	0	23rd August 2016 11:00
One of a kind red Mac Pro 2013 goes up for auction	Stefan Mileschin	WebNews	0	28th October 2013 08:32
Snapchat has passed 'about a dozen' unopened messages to law enforcement under search	Stefan Mileschin	WebNews	0	15th October 2013 08:26
T-mobile sells half a million iPhone 5 in first month	Stefan Mileschin	WebNews	0	9th May 2013 07:40
Apple 1 sells for $374,500 at a New York auction	Stefan Mileschin	WebNews	0	18th June 2012 08:58
Kodak to auction its imaging patents	Stefan Mileschin	WebNews	0	13th June 2012 06:33