An original 2007 4GB iPhone has broken sales records at auction, with a 4GB first release unit still in its factory sealing selling for over $158,000.
The second lot in LCG Auctions’ 2023 Summer Premier Auction ran from June 30 until July 16, with the virtual hammer falling on bids at 8:08 P.M. Eastern. After an initial bid of $10,000, the lot went through 28 bids in total, breaking $100,000 in the auction’s closing hours and eventually reaching a price of $158,644.
For that money, a bidder secured the “elusive” 4GB original iPhone released on June 29, 2007. The reason for its exclusivity is due to its limited production run, since Apple offered the 8GB model for $100 more, prompting lagging sales for the lower-capacity variant.
Read more at AppleInsider.com