We already know that an iPhone from Apple holds its value for far longer than any other smartphone from its Android counterpart. This apparently holds true for even its first even iPhone model, which is apparently worth more than 60,000 US Dollars now.

For those unaware, the first gen iPhone was originally announced back in 2007. Typically, the value of consumer electronic products like smartphones usually drops over the years. However, this doesn’t apply to collector items or iconic products like the first iPhone which has been selling for prices higher than its original retail price more than a decade ago. But now, an unopened iPhone that is still in the original packaging saw an online auction bid that hit a whopping 63,356.40 US Dollars.

Apple

In other words, it has a value that is more than 100 times the phone’s original price tag of 599 US Dollars. The bidding had originally started at 2,500 US Dollars and was initially believed to max out around the 50,000 US Dollars mark. But the iPhone that is still in its original box managed to blow past this figure as well. The former Apple CEO Steve Jobs had unveiled the iPhone back in 2007, and the device has in many ways shaped the industry since then.

Interestingly enough, this particular iPhone that is being auctioned right now was also featured on a television show called the “The Doctor & The Diva” in the US. The program held weekly “Treasure Hunt Tuesday” events and the owner of this model was Karen Green. When asked why she never opened this box, she said that “I didn’t want to get rid of my new phone and I figured it was an iPhone so it will never go out of date.”

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