Apple released the original iPhone back in 2007 which changed the smartphone industry. The device was cutting edge in the handheld category which led the competition to follow soon after. The original iPhone is a rare device that can fetch thousands of dollars today. According to the latest, a sealed original iPhone has been sold at an auction for $63,000. This is the highest value ever for the device as of today.
The auction was hosted by LCG Auctions, which opened on February 2 and ended on February 19. The original iPhone received 27 bids in total and was sold for $63,356.40. Originally, the device was priced at $599 retail. In comparison, the iPhone sold for over 105 times the original price. While the device is now considered vintage, it is surprising to see that it gathered over $63,000 15 years after launch.
Another aspect is the story behind the auction. The original owner got the iPhone as a gift from her friends back in 2007. At that time, the iPhone could only be used on the AT&T carrier. Henceforth, she chose to keep it wrapped in its original packaging. It went on auction 15 years later and sold at the highest-ever price to date (via Business Insider).
The iPhone has come a long way and Apple is preparing to launch the iPhone 15 series later this year. The original iPhone featured a 3.5-inch screen with a pixel density of 163. While Steve Jobs resisted a larger iPhone, the latest models are keeping up with the competition in terms of screen size. The original iPhone shaped the smartphone industry as we see it today.
Highly desirable factory sealed first-generation original Apple iPhone from 2007.
One of the most important and ubiquitous inventions of our lifetime, the iPhone was first introduced by Steve Jobs on January 9, 2007 at MacWorld San Francisco. Just over five months later it was released at retail for $499/$599 on June 29th. The original iPhone included 4/8 GB of storage, an innovative touchscreen, a 2-megapixel camera, and a web browser. The iconic box featured a life-size image of the iPhone with 12 icons on the screen. It quickly became Apple’s most successful product, forever changed the smartphone industry, and was named the Time Magazine Invention of the Year in 2007.
The original first-release iPhone in factory sealed condition is widely regarded as a blue-chip asset amongst high-end collectors. Impressive public sales of $35,414 in August and $39,339 in October of last year resulted in widespread media coverage from major outlets including the Wall Street Journal, CNBC, Fox Business, and others. There’s little doubt that interest in culturally relevant collectibles is rapidly increasing, and despite the impressive sales numbers, many believe the space is still in its infancy.
We are pleased to present an iconic factory sealed, first-release iPhone in outstanding condition. Our offering was consigned by the phone’s original owner, Karen Green, and is coupled with a great backstory that was first shared on the Treasure Hunt segment of the syndicated television show “The Doctor & The Diva”. Almost 16 years old, the phone presents magnificently, showcasing sharp corners front and back, rich color, and “case fresh” features. The labels on the reverse are pristine beneath the seal and shelf wear is minimal. This is the first original iPhone in acceptable condition to hit the auction block since the record-breaking sale in October. A truly remarkable piece with great appeal to both collectors and investors alike.