The new iPhone 14 is certainly expensive, but a first-gen iPhone has just been auctioned off for big bucks. path more than that.
Still in its original packaging, an unnamed bidder dropped an impressive $39,339 for a piece of engineering history that rolled off the assembly line in 2007.
“We expected bidding on this item to be fervent, and they did not disappoint,” LCG Auctions founder Mark Montero said in a widely shared statement, adding, “A handful of enthusiastic and experienced collectors has propelled the price from just over $10,000 on Sunday afternoon to that record-breaking amount by Sunday night.”
On its auction page, Louisiana-based LCG Auctions described the iPhone as “one of the most important and ubiquitous inventions of our lives,” while reminding everyone that it “quickly became Apple’s most successful product, changed the smartphone industry forever, and was named in 2007.” He was named Time Magazine’s Invention of the Year.
It called the lot “virtually pristine… brand new, never activated,” adding that collectors and investors “would have a hard time finding a superior example.”
The winner got their money’s worth for a device that cost $599 when it first launched 15 years ago. The original iPhone had 4 or 8GB of storage (iPhone 14 starts at 128GB), a tiny 3.5-inch touchscreen (6.1-inch if you buy the latest iPhone), a whopping 2-megapixel camera (the entry-level iPhone 14 offers 12 megapixels) and a small selection of apps (the choices are endless now). The companion box contains a life-size image of the iPhone, whose display shows 16 app icons.
Here’s the moment the late Apple co-founder and CEO Steve Jobs unveiled the very first iPhone, changing the world of mobile devices forever.
iPhone 1 – Steve Jobs MacWorld Keynote 2007 – Full presentation, 80 min