​ Apple iPhone In Original, Sealed Packaging Expected to Go for Over $30,000 At Sunday Auction
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Apple iPhone In Original, Sealed Packaging Expected to Go for Over $30,000 At Sunday Auction

Precious Gibson by Precious Gibson
October 15, 2022
in Tech
Reading Time: 2 mins read
First-Gen iPhone Sells for Almost $200K, Setting A New Record From Previous Auctions

iPhone

An extremely rare iPhone has hit the auction circuit, and Apple fans are lining up to get their hands on it. 

The original 8GB iPhone debuted in June 2007 but has not been seen much in the years to follow as Apple continuously released updated versions of the phone. However, this collector’s item has landed at LCG Auctions, and people are eager to bid on it. The auction will take place on Sunday, October 16th, with the phone expected to sell for thousands of dollars. 

An 8GB model would cost you $599 when it was released 15 years ago. Several bids have already rolled in in the days leading up to the auction. The lowest so far has been $2,500, with the highest being $10,446 on the LCG Auction website. That amount is expected to increase drastically by the time Sunday rolls around, with some estimating that it will go for over $30,000.

This OG iPhone is still in its original packaging and has never been opened. The box is in perfect condition, never even having store or shipping labels attached, meaning the phone likely never left the manufacturer or went to someone with direct access to Apple when the phone was first released. All barcodes and regulatory information have stood the test of time, remaining visible and unfaded on the back of the parcel. 

Rare Apple finds are fetching big bucks from tech enthusiasts. Back in August, another unopened first-generation iPhone auctioned for $35,414. That one also comes in a manufacturer-sealed package with all the original information on it. That same month, Steve Jobs’ original “Apple Computer A Prototype” auctioned for a staggering $677,196.

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Precious Gibson

Precious Gibson

Precious Gibson is the Editor-in-Chief of Baller Alert, leading editorial strategy and overseeing news, entertainment, and culture coverage with a focus on accuracy, relevance, and audience impact.

Comments 1

  1. Tara says:
    4 years ago

    The items sold out because she doesn’t have enough quantity of that item

    Reply

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