Apple iPhone first generation will be sold at auction
First generation iPhone in original packaging putting up for auction and the estimate says the technology can cost as much as $50,000.
The phone belongs to Karen Green, who received it as a gift from friends after she got a new job. Performance on a daytime talk show Doctor and Diva in 2019, said Green that she never opened an iPhone because at the time she had just received a new phone and thought the iPhone would never get old. An appraiser on the show said the phone could cost $5,000, while in 2007 it originally cost $599. Auctionswhich has seen its fair share of vintage iPhones in the past.
“We got calls from everyone, but 99% of them had different offers,” said Mark Montero, founder of LCG Auctions. business insider. “But Karen had a really unique piece with a great story behind it. It was shocking because we got so many failures.”
The iPhone is a first-generation 8GB iPhone with a camera, and bidding starts at $2,500. According to Business Insider, Green held the phone after her appearance on Doctor and Diva until I heard about another unopened first generation iPhone sells for almost $40,000 in October 2022. Green would have lasted longer had she not been trying to start a new business.
“If I could stay away from my phone for another 10 years, I probably would,” Greene told Business Insider. “The only reason I am selling this phone is because I need to support this business.”
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We’ve come a long way from O.GRAM. iPhone, Green’s auction helps us remember the humble beginnings of the smartphone era. Green’s iPhone is set to go up for auction today at 2:00 pm EST with a starting price of $2,500.