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

Stefan Mileschin · 19th July 2023, 09:24

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, 09:24	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	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

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