Page 5 - IAV Digital Magazine #565

Factory-sealed First- generation iPhone Sells For Over $63,000
By Ben Hooper
Feb. 21 (UPI) -- A first-generation iPhone, still unopened and plastic wrapped in the box, was auc- tioned for more than $63,000.
Louisiana-based LCG Auctions said the iPhone, dating from 2007, fetched a high bid
of $63,356.40 before the auction closed on Sunday.
Karen Green, the device's original
owner, said
she received it as a gift in 2007 and decided to leave it in the box because she had just gotten a new phone and didn't need to replace it.
Green, who oper- ates a tattoo shop in New Jersey, said she became interested in the value of the vin- tage phone when she heard about another unopened iPhone selling for $40,000.
Green took the phone on a
2019 "Treasure Hunt" segment for the television show Doctor & The Diva, and was told the phone would likely sell for about $5,000.
The estimate turned out to be quite an under- statement when the phone, which originally retailed for $599, sold for $63,356.40. Green said the proceeds will be invested in her tattoo shop.
iAV - Antelope Valley Digital Magazine
iAV - Antelope Valley Digital Magazine