September 27, 2023

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An unopened iPhone from 2007 yields a record sum of €170,000

An unopened iPhone from 2007 yields a record sum of €170,000

An original 2007 first-generation iPhone with 4GB of memory, unopened and unused in its box, sold for $190,372.8 ($169,814.44). This amount is three times the previous record.

In the news: LCG Auctions Behind him is a very profitable safe. The original iPhone, 4GB, from 2007, still in factory packaging and in very good condition, sold for $190,372.8 ($169,814.44). This is more than double what would be expected.

the details:

  • On January 9, 2007, Apple CEO Steve Jobs introduced the first iPhone. It was officially released in the United States on June 29, 2007.
  • Sales of unused and unopened 1st generation iPhones have skyrocketed recently. For example, these devices were auctioned last year for $35,414 (€31,579.4) and $39,339 (€35,079.4). At the beginning of this year, the 8 GB iPhone from 2007 broke the record by bringing in $63,356.4 (€56,480.3).
  • Not surprisingly, this auction broke this record. This was a 4GB model. Due to the limited price difference between the 4GB and 8GB iPhone, the latter model sold better in 2007. As a result, 4GB devices are much rarer. Moreover, due to such low sales figures, Apple discontinued the 4GB model after only two months of its launch. This makes it very difficult to find these iPhones.
  • Another reason for the high selling price is the original iPhone being auctioned. This is not a special device. “The seller was part of the original engineering team at Apple when the iPhone was first launched,” says LCG Auctions. For this reason, the iPhone 4 GB sold at auction is in exceptionally good condition.
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