Unopened iPhone Sold at a Shocking Price
In the world of technology and gadgets, iPhones have always been in high demand. People line up for hours to get their hands on the latest models, eager to experience the cutting-edge features and sleek designs. In a surprising turn of events, an unopened iPhone from the year 2007, the very first iPhone model sold at a shocking price at an auction and left everybody stunned. This unprecedented sale has left tech enthusiasts and collectors astounded, highlighting the enduring appeal and collectibility of vintage technology.
The Rarness of a First-Generation iPhone
In 2007 Iphone company launched its first iPhone which has a lot of features in one device. It was a revolutionary moment in the history of Smartphones. It introduced a seamless touchscreen interface, combining a phone, iPod, and internet communication device into one compact device. As time passed they became more and more advanced and started launching more and more features on their devices. The rarity factor drives up the desirability among collectors who seek to own a piece of technological innovation
Nostalgic Values
The iPhone of 2007 has a nostalgic and significant value in the hearts of iPhone users and the iPhone company. The first generation of Ipone transformed the look of smartphones and made the path for the future of advancements. The iPhone of the 2007 generation an unopened iPhone was sold for approximately PKR 5.25 crore. The price of that in dollars is $190,372. This generation of iPhones is rarely available in the market.
The Auction was run by LCG
Despite receiving more than 28 bids, LCG Auctions described the iPhone as an “exceedingly rare, factory sealed, first-release 4GB model in exceptional condition” after receiving more than 28 bids in total. The highest bid reached 400 times the original price of the first iPhone. There is virtually no wear along the surface or edges, the factory seal is clean, and the seam details and tightness are perfect.”Retailing for $599, the phone was expected to sell for $50,000 to $100,000 but broke all previous records selling for $190,000. Collectors of Apple memorabilia and relics from the life of Apple founder Steve Jobs have been spending huge sums on collectibles for years.