A new original iPhone is auctioned, expected to fetch $50,000 for its owner
The first iPhones continue to pay huge dividends to their owners. Inspired by the recent loot generated by Apple’s original smartphone, Karen Green decided to put hers up for auction. Never used or even taken out of its box, the latter should sell for around 50,000 dollars.
We would almost want to search our old drawers in search of a missing pearl. Last year, the auctions saw the arrival of a particularly successful new type of product: the first iPhone, released in 2007, preferably never used. In August 2022, one of these sold for $35,000. Then, a few months later, another thing: a new original iPhone was bought for a whopping $40,000.
Seeing these impressive figures, Karen Green suddenly remembered that she herself has an iPhone, which her friends gave her in 2007, but which has never been used. At the time, her operator did not yet support this new kind of phone, pushing her to put it on the shelf for years. On several occasions, she is tempted to resell it. But seeing the device increase in value exponentiallyshe decides to wait.
You’ll probably have to pay $50,000 to buy that first new iPhone
It is finally this recent auction last October that will make it yield. During this same period, Karen tried to start her own business. A small financial boost would therefore not be too much. “If I could keep the phone for another 10 years, I probably would,” she explains. “The only reason I’m selling this phone is because I need it to fund this business.”
Related – Steve Jobs’ Sandals Sell for €212,000 at Auction
She then contacts the company LCG Auctions, which decides to place the iPhone at auction at the starting price of $2500. Nevertheless, the latter expects the offers to fly away quickly. Encouraged by the latest auctions, it now believes that the smartphone can sell for $50,000. Something to think twice about before unboxing a new phone.
Source: Business Insider