iPhones tend to hold their value better than most other phones but this latest example is one for the history books. A factory sealed first-generation Apple iPhone from 2007 sold for $63,356 at an auction over the weekend.

The $63,000 iPhone in its original packaging The $63,000 iPhone in its original packaging
The $63,000 iPhone in its original packaging


The device in question is an 8GB Apple iPhone and had an MSRP of $599 back in June of 2007. The auction ran from February 2 with a starting bid of $2,500 which ballooned past the $60,000 mark over the weekend.

The phone has an interesting story too – it’s owner Karen Green received it as a gift from her friends over fifteen years ago. The owner was a Verizon customer at the time while the phone only ran on AT&T’s network so it was quickly stored in a shelf and forgotten for over a decade.

The phone was then appraised in 2019 with an estimated value of $5,000 and ultimately went on auction earlier this month. Based on reports, Karen Green will use the funds from the auction towards opening a business venture.


source: https://auction.lcgauctions.com/bids/bidplace?itemid=729
source: https://www.gsmarena.com/factory_sealed_firstgeneration_iphone_sells_for_over_63000_at_auction-news-57616.php

Na wa! See wetin Chinedu go give me for small change inside computer village. Oyibo dem sef!

Understand that there has to be some sort of agreements , like allowing the phone to have the latest updates

Na him b say I go keep my phone till next 20yrs then I go bring am out for auction 😁😂

I remember in 2008 when my classmate in secondary came with this phone..Even then I didn't like the shape of the phone. I only prefer the IPOD music player. So sad I never owned an Apple Ipod back in the days

jerryunit48:
Understand that there has to be some sort of agreements , like allowing the phone to have the latest updates

That means they'll have to unseal it.

That's the point ; it remains sealed forever.