April 19, 2024

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An unopened 2007 first generation iPhone in its original box can fetch over $30,000 – 50 times its original price

An unopened 2007 first generation iPhone in its original box can fetch over $30,000 - 50 times its original price

Apple founder Steve Jobs.AP

  • When a new iPhone comes out, Apple fans will be paying hundreds of dollars for the latest model.

  • The first generation iPhone from 2007 is currently being auctioned in its original box and can fetch more than $30,000.

  • The unused 8GB iPhone was originally priced at $599 when it first hit the market.

latest phone from apple, iPhone 14retails for $799—but one of its first models will cost much more than that.

a The first generation of iPhone From 2007 it is currently on the auction block, and the auction house estimates it could fetch $30,000 or more.

The unused iPhone 8GB is still unopened in its original box. It cost $599 when it was first released, which means it would auction 50 times its original price if it sold for an estimate of $30,000.

The first iPhone It comes with a 3.5-inch screen, a 2-megapixel camera, and a web browser. When the late Apple co-founder and CEO Steve Jobs first introduced it 15 years ago, he described it as a combination of “an iPod, a phone, and an internet connected” all-in-one.

“This factory sealed, first version of the example is in exceptional condition,” Item Description from LCG Auctions Says. “Collectors and investors will be hard pressed to find a better example. Relevancy and rarity are a winning formula for this red-hot collectible.”

There have been 16 phone offers so far, starting at $2,500. The highest bid as of this writing is $10,446. Auction ends on Sunday afternoon.

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