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Egyptian Gazette
Home Technology

Factory-sealed first-gen iPhone sells for over $63,000

by News Wires
February 24, 2023
in Technology
A first-generation iPhone, still unopened and plastic wrapped in the box, was auctioned for more than $63,000.

A first-generation iPhone, still unopened and plastic wrapped in the box, was auctioned for more than $63,000.

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WASHINGTON ― A first-generation iPhone, still unopened and plastic wrapped in the box, was auctioned for more than $63,000.

Louisiana-based LCG Auctions said the iPhone, dating from 2007, fetched a high bid of $63,356.40 before the auction closed.

According to United Press International (UPI), Karen Green, the device’s original owner, said she received it as a gift in 2007 and decided to leave it in the box because she had just gotten a new phone and didn’t need to replace it.

Green, who operates a tattoo shop in New Jersey, said she became interested in the value of the vintage phone when she heard about another unopened iPhone selling for $40,000.

Green took the phone on a 2019 Treasure Hunt segment for the television show Doctor & The Diva, and was told the phone would likely sell for about $5,000, it reported.

The estimate turned out to be quite an understatement when the phone, which originally retailed for $599, sold for $63,356.40. Green said the proceeds will be invested into her tattoo shop.

Tags: iPhonetechnology

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