Gizcoupon

A Rare, Unopened First-generation iPhone With 4GB Storage is Up For Auction, Estimated to Sell For $100,000

On June 30th, Gizcoupon reported that a factory-sealed first-generation iPhone from 2007 will go up for auction starting tomorrow. It is estimated that the final selling price will exceed $100,000.

Previously, an unopened first-generation iPhone had fetched a record price of $63,000. However, those were the 8GB models. In contrast, this iPhone being auctioned this time is a 4GB model, making it even rarer.

Gizcoupon note: On the 19th, Beijing time, an unopened first-generation iPhone from 2007 was sold at an auction held by LCG for more than US$63,000. This was the highest auction price ever paid for the device at the time.

LCG Auctions explained that when Apple introduced the first-generation iPhone 16 years ago (on June 29, 2007, Beijing time), it offered two configurations: 4GB and 8 GB. The 8GB model was more popular. This led Apple to halt production of the 4GB model after a few months. Instead, it switched to producing a higher-selling 16GB model.

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The sales volume of the 4GB model of this iPhone was extremely limited. Moreover, the fact that it remains unopened until now makes it even more rare.

Mark Montero, the founder of LCG Auctions, commented, as translated by Gizcoupon: “Based on our record-breaking sales and the fact that the 4GB model is 20 times rarer than the 8GB model. This first-generation iPhone will set a new auction record, and I would not be surprised in the least.”

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