An unopened iPhone from 2007 has been put on auction in the United States for an expected price of $50,000. The iPhone is owned by Karen Green who received the iPhone gift from her friends in 2007. This is yet another confirmation of the first-gen iPhone as a collector’s item.
The unused and unopened iPhone 2G or iPhone 1 was given to Green when she landed a new job back in 2007. However, at that time, she was already having three phone lines, and carrier compatibility issues prevented her from using the gadget. It had been on her shelf since then but she attempted to sell off the device in 2019. However, the $5,000 valuation of the iPhone did not meet her expectations. She is now willing to sell the item with a minimum of $50,000 expected from the sale. Green hopes to use the proceeds of the auction to fund her business.
The auction is organized by LCG Auctions and will run until February 19. This is not the first iPhone that has been auctioned for such an amount. The first-gen iPhones could currently fetch between $30,000 and $50,000 on the minimum. A few more first-gen iPhones unopened and unused could still be held by some people. The price of the iPhones will continue to rise as they increasingly become more sought after.
The Apple iPhone has undergone an outstanding transformation since it was introduced at the turn of the millennium. The current models are the iPhone 14 series with the top pick being the iPhone 14 Ultra.
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