First generation iPhone sold at US auction for a record $190,000

First generation iPhone sold at US auction for a record $190,000

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An unopened iPhone model from 2007 was sold at auction for a record $190,000, according to the American auction house LCG Auctions on its website. website.

The last record value of trading took place in February 2023, when the model was sold for $63,000. In October 2022, the model was traded in the region of $40,000.

The auction house explains the increase in the value of the lot by the fact that the first-generation iPhone model was released in a limited line and has 4 GB of memory, the rest of the models had 8 GB of memory.

28 applications were submitted for the purchase of the model, as a result, the model sold at a price of almost 400 times the original cost of $10,000. It was expected that it would be purchased in the region of $50-100,000.

This model was first released when Apple was led by Steve Jobs. The company stopped producing smartphones with 4 GB memory two months after the start of sales due to unpopularity among buyers. Most wanted the 8GB model, which only cost $100 more.

Copies of Apple products released under the leadership of Steve Jobs go up for auction every few months.

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