A first-generation 2007 iPhone sold for more than $63,000 in an online auction Sunday, more than 100 times its original cost.
Dubbed a “first-edition” device by auctioneer LCG Auctions, the box had never been opened. The original iPhone cost $599 and offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4 GB and 8 GB storage options, internet capabilities and iTunes. It had no app store, ran on a 2G network and was exclusive to AT&T’s network. Bidding on this phone began online earlier this month at $2,500. All told, there were 27 bids on it, according to LCG’s website.
An appraiser on the show valued the phone at $5,000 at that time. Another unopened first-generation iPhone like Green’s sold for over $39,000 in a listing also by LCG Auctions that closed in October. The iPhone changed the way billions of people around the world communicate, make payments, do their jobs, take photos and even how they wake up in the morning. It killed dozens of industries and gave life to many more.
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