Factory-sealed first-gen iPhone sells for RM280,000

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Pic credit Twitter LCG Auctions

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WASHINGTON: A first-generation iPhone, still unopened and plastic wrapped in the box, was auctioned for more than US$63,000 (RM280,000).

Louisiana-based LCG Auctions said the iPhone, dating from 2007, fetched a high bid of US$63,356.40 before the auction closed on Sunday.

According to United Press International (UPI), Karen Green, the device’s original owner, said she received it as a gift in 2007 and decided to leave it in the box because she had just gotten a new phone and didn’t need to replace it.

Green, who operates a tattoo shop in New Jersey, said she became interested in the value of the vintage phone when she heard about another unopened iPhone selling for US$40,000.

Green took the phone on a 2019 Treasure Hunt segment for the television show Doctor & The Diva, and was told the phone would likely sell for about US$5,000, it reported.

The estimate turned out to be quite an understatement when the phone, which originally retailed for US$599, sold for US$63,356.40. Green said the proceeds will be invested into her tattoo shop. – BERNAMA

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