The original iPhone from 2007 was Sold at Auction for Rs. 1.3 Cr
The release of the original iPhone in 2007 marked a pivotal moment in the history of technology, forever altering the landscape of smartphone usage.
With a price tag of $500 for the 4GB model and $600 for the 8GB variant, these devices were at the forefront of innovation, heralding a new era of mobile communication.
Today, these early iPhones have transcended their status as mere gadgets, evolving into coveted relics of digital history that command exorbitant prices at auctions.
In February 2023, one perfect, factory-sealed 8GB iPhone changed hands for the astonishing price of $63,000. This amazing transaction, however, was quickly surpassed.
The online portal LCG Auctions featured a flawless, factory-sealed 4GB iPhone in June 2023, with an estimated worth of $50,000 to $100,000.
Bidding began at $10,000 and progressively increased to $42,000 by the day before yesterday. However, excitement swiftly changed to elation as the bidding unexpectedly jumped to an astounding $67,000.
The final hammer fell at an incredible $158,644 roughly Rs. 1.3 Cr smashing all prior records and solidifying this iPhone’s position as the most expensive original model ever sold.
This incredible price is a tribute to the iPhone’s undying charm and continued popularity among collectors and enthusiasts alike. The iPhone had a massive influence on the smartphone business, altering the way we interact with technology.
Its legendary position as a groundbreaking technology continues to attract those who understand the value of possessing a piece of history. The unusual sale price reflects the ongoing allure and value put on these symbols of technological innovation, as demand for these rare and valuable iPhones shows no signs of fading among enthusiasts.
This remarkable sum outperforms the unopened original iPhone 8GB, which sold for $39,339 at the same event. The outrageous price difference might be linked to the unavailability of the 4GB model, which was discontinued only two months after its debut, whilst the 8GB variety was manufactured for numerous years.
As a result, the 4GB model has become an elusive treasure widely sought by collectors, sometimes referred to as a “Holy Grail” among iPhone fans due to its status as the first-ever iPhone model.
Owning an unopened original iPhone 4GB is currently a profitable prospect, with the potential for significant earnings if auctioned. For devoted collectors, though, these devices have enormous historical value, acting as reminders of the incredible advances achieved in smartphone technology.
In a striking parallel, a customized iPhone X with a USB-C connector fetched an astonishing price of more than $86,000 at the auction, exceeding the normal market value of an original iPhone 8GB.
The tremendous success and outstanding prices attained for these rare and sought-after iPhones illustrate indisputably the high demand for such devices.
Older models become increasingly significant as technology progresses, acting as physical relics that commemorate our development and provoke contemplation on how far we have come.
Source | 9to5Mac
