The first generation iPhone at the auction was unused, in its original box, and equipped with 4 GB of internal memory (LCG Auctions)
Some websites reported that a first-generation iPhone was recently sold at a public auction for more than $130,000.
According to available information, an auction company called LCG Auctions offered a first-generation iPhone 2G for sale in a public auction. The phone was initially offered for $17,000, and two days later its price increased. To be sold for 130 thousand and 27 dollars.
Some websites indicated that the phone was unused, wrapped in its original box, and equipped with an internal memory capacity of 4 GB, and the auction company expected that the model would achieve more than 100 thousand dollars, and it happened. The company had previously sold a phone of this type for $190,000.
The main reason for the high selling price of this type of iPhone is scarcity. Apple stopped production of the 4 GB iPhone on September 5, 2007, just over two months after its release.
It then launched models with 8 GB of memory, which made the first category approximately 20 times rarer, and became more valuable for fans of collecting old rare phones.
However, the model sold for less than two phones of the same model that were auctioned earlier. In July 2023, the same model sold for more than $190,000. Later, in October of the same year, the same model was sold for $133,435.
A business card signed by Steve Jobs was sold for $181,183 at the same auction, and an Apple-1 signed by Steve Wozniak was sold for $323,789.
Source: websites