Subj : An incredibly rare iPhone has just gone up for auction, and it co
To   : All
From : TechnologyDaily
Date : Tue Mar 12 2024 12:00:06

An incredibly rare iPhone has just gone up for auction, and it could be a 
record-breaker

Date:
Tue, 12 Mar 2024 11:49:14 +0000

Description:
A sealed original iPhone has just gone up for sale and is expected to fetch 
an extremely high price.

FULL STORY
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In the 17 years since it launched, the original iPhone has become something 
of a collectors item, with sealed models frequently selling for hundreds of 
thousands of dollars. Now, another one is about to go up for auction, and it 
could well break records when its final price is decided. 

As per reporting from 9to5Mac , an original 4GB iPhone model from 2007  still 
sealed in its plastic wrapping  is about to go under the hammer at LCG 
Auctions . Bidding started at $10,000 (and sits at $11,000 at the time of 
writing), with the auction house estimating its final price could land 
somewhere north of $100,000. 

Thats a little short of the record for this model  that stands at $190,373 
for an iPhone that was sold in July 2023  but is still a huge return on a 
device that cost $499 when it was first released. Bidding closes at 5PM EST 
on March 24, so well have to see if it can smash the previous record in that 
time. Ultimately, theres one very good reason why it might be able to do just 
that. A sought-after collectors item (Image credit: LCG Auctions) 

A first-edition iPhone still in its original packaging is an attractive 
object for any collector due to the devices historical provenance. The first 
iPhone completely revolutionized the smartphone industry, leading to a wave 
of imitators and signalling the downfall of previously powerful rivals like 
BlackBerry and Nokia. Its undoubtedly one of the best phones ever, and there 
are a lot of people who would like to get their hands on a piece of history 
like that. 

But the iPhone that is up for auction at the moment has another thing going 
in its favor: it has 4GB of storage. This configuration was only sold for two 
months before Apple discontinued it and dropped the price of the larger 8GB 
version. That makes it a very rare model to get your hands on  a fact that no 
doubt contributed to the price of the previous record-breaking auction. 

LCG Auctions describes the 4GB edition as the Holy Grail amongst iPhone 
collectors. It is in an excellent state with very few imperfections, 
something that could lead to it fetching a high price when the auction ends. 

That said, a new record valuation is not guaranteed, as another 4GB model 
sold for $133,435 a few months after the $190,000 model went up for auction. 
But even so, this particular iPhone is likely to attract a sky-high price 
from a keen collector  its just a matter of time until we find out exactly 
how much theyre willing to pay. You might also like This original iPhone just 
sold for an eye-watering $190,373 Here's why this original iPhone could break 
all previous auction records This sealed original iPhone just sold for more 
than a Tesla Model 3 at auction



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Link to news story:
https://www.techradar.com/phones/iphone/an-incredibly-rare-iphone-has-just-gon
e-up-for-auction-and-it-could-be-a-record-breaker


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