The original 2007 iPhone, with just 4GB of storage, still in its box and cellophane, ended its 14-day auction and was sold to the highest bidder for a whopping $190,372.80. Bidding started at $10,000 and LCG Auctions estimated they would fetch between $50,000 and $100,000, half the amount the auction ended with.
Last October, an unopened original iPhone with 8GB of storage sold for (still a hefty) $39,339.60, and a few months earlier another sold for $35,414. However, despite the fact that in 2007 Apple sold about six million iPhones, devices in the original packaging are relatively rare. Even rarer are devices like this one with 4GB of storage. At launch, the device was available in either 4GB or 8GB, but the lower configuration was discontinued a few months later in favor of a larger 16GB version.
Whoever wins the auction would be wise to leave the device in the box because it would be nearly unusable as a real smartphone. Aside from a measly 4GB of storage (compared to a minimum of 128GB on the iPhone 14) and a 3.5-inch screen (compared to 6.1 inches on the iPhone 14 and 6.7 inches on the iPhone 14 Plus), the original iPhone can’t even launch iOS. 4 and does not have the ability to install third-party applications. And, of course, once it opens, it will lose most of its $190,000 value.
According to LCG Auctions, the person selling the iPhone says he was a member of the original iPhone development team.