Lauren Sforza and The Hill
11 hours ago
The Apple logo is illuminated at a store in the city center of Munich, Germany, December 16, 2020. Apple announced Wednesday, December 7, 2022, that it will offer full end-to-end encryption for nearly all data. Its users are stored in a global cloud-based storage system. This makes it more difficult for hackers, spies, and law enforcement to access your sensitive information. (AP Photo/Matthias Schrader, File)
(The Hill) – 2007 first generation iPhone sells for $63,356 at LCG auction on Sunday about $50,000.
According to LCG Auctions, the original iPhone was sealed in its original packaging and was never opened.
The phone’s original owner, Karen Green, appeared on a talk show “Doctor & Diva” When valued in 2019, experts estimated it to be worth around $5,000. Green said on the show that a friend of hers bought her the phone, but he had just gotten a new phone, so he didn’t bother to open the package.
“I didn’t want to give up on my new phone, so I thought, ‘This is an iPhone and it’s never going to be obsolete,'” she said in 2019.
There were 27 bids on the iPhone from February 2nd through Sunday, with initial bids starting at $2,500.
Another first-generation iPhone was recently auctioned for around $35,000. August and over $39,000 Octoberaccording to LCG Auctions.
When the first generation 8 GB iPhone came out in 2007, it was priced at $599. Now, Apple has just released his latest version of the product in 2022, and according to Apple’s website, the iPhone 14 will cost between $799 and $1,199.