See the Apple iPhone that sold at $190,372 at Auction
The world of technology never ceases to amaze, showcasing astonishing feats in features, prices, and software. In a recent mind-boggling development, an Apple iPhone was sold at auction for an astounding $190,372. Let’s dive into the details of this extraordinary event.
An apple iPhone for $190,372 at Auction?
The Apple iPhone’s journey began in 2007 when Steve Jobs unveiled this groundbreaking device during a keynote at Macworld. Back then, the base models were priced at $500 for the 4GB variant and $600 for the 8GB variant, requiring a 2-year contract with AT&T (then known as Cingular). Today, these devices have become digital artifacts that hold significant value in the auction market.
In February, a factory-sealed 8GB first-generation iPhone was sold for $63,000, surpassing its original retail price of $599. Another significant auction took place recently, featuring a factory-sealed iPhone 4GB from the same era. The estimated value ranged from $50,000 to $100,000, and bidding commenced at $10,000 on June 30. The auction progressed gradually, reaching $42,000. However, things took an unexpected turn.
Following a brief but intense bidding battle, the final winning bid for the iPhone 4GB skyrocketed to a staggering $190,372. This astonishing amount far surpassed the price of other 8GB models sold recently, with the highest recorded at $64,000 in February and a sealed 8GB unit fetching “only” $39,339.
It’s fascinating how auction values can fluctuate over time. After 16 years, the less successful and cheaper iPhone model now commands three to four times more at auction compared to its more popular counterpart. This unexpected turn of events reveals the unique dynamics of the collector’s market. If you happen to possess a sealed iPhone 2G in your attic, now might be the perfect time to capitalize on its value.
It’s worth noting that this auction surpasses even the price of a hacked Apple iPhone X with USB-C, which fetched over $86,000 in a previous auction, making it more expensive than a regular original iPhone 8GB. The current auction for the iPhone 4GB has exceeded all expectations, setting a new benchmark in terms of the device’s rarity and value.
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