Sealed original iPhone sold at auction for $40,000

Sealed original iPhone sold at auction for a staggering $39339.60. The product is recently sold out, completely unlocked version of the machine from 2007 LCG Auctions The bidding process begins in late September and ends on 16 October.

The device originally went up with a starting price tag of $2,500, but 28 bids later grew to less than $40,000. Considering that the phone sold for about $600 when it was launched 15 years ago, that means the value of the device has gone up 67 times.

The actual version of the phone is the 8GB model, which is described in the product listing as : “Nearly flawless along surface and edges, factory seal is clean with proper seam detailing and tightness. Labels on back are flawless properly under seal. All original – no aftermarket labels or UPC labels on these. Brand New, never revitalized collectors and investors will find it difficult to find a better example.”

LCG Auctions estimated the device would sell for $30,000 and up, and the iPhone hit that and some others.

Thank you, Game Spot.