The unopened 4GB iPhone was bought at auction for nearly 400 times its original price.
A first-generation iPhone sold for a whopping $190,372.80 at auction on Sunday.
The unopened 4GB model was bought for nearly 400 times its original price after 28 bids on LCG Auctions. The sale comes months after another iPhone from 2007 was sold in February for $63,356.
« The original 4GB model is considered a ‘Holy Grail » amongst iPhone collectors, » LGC Auctions wrote in its listing for the latest sale. « Its extreme scarcity is directly related to its limited production. »
The starting bid was $10,000. LGC Auctions, which expected the phone to sell for $50,000-$100,000, noted it’s « proven to be a popular high-end collectible.
