Apple released its iPhone 14 lineup last month, but on Sunday someone dished out $39,339.60 for an original, mint iPhone from 2007, in its original package. LCG Auctions had the sealed 8GB iPhone on the block, and the winning bid exceeded the auction house’s expectation of $30,000.
“One of the most important and ubiquitous inventions of our lifetime,” the item description read. “This factory sealed, first-release example is in exceptional condition. … Collectors and investors would be hard-pressed to find a superior example.”
Bidding opened at $2,500 and ran from Sept. 30 to Oct. 16.
The original iPhone launched on June 27, 2007, for $599. Without taking inflation into account, the $39,339.60 auction sale is increase of more than 65 times its original price.
With $39,000, the winner could also have bought any group of these Apple products.
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