{"id":14297,"date":"2023-02-24T18:04:36","date_gmt":"2023-02-24T18:04:36","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=14297"},"modified":"2024-04-17T17:16:31","modified_gmt":"2024-04-17T12:16:31","slug":"first-gen-iphone-from-2007-sold-for-63000-at-auction","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/technology\/first-gen-iphone-from-2007-sold-for-63000-at-auction\/","title":{"rendered":"First-gen iPhone from 2007 sold for $63,000 at auction"},"content":{"rendered":"<p>First-gen iPhone from 2007 sold for $63,000 at auction. A woman received a factory-sealed, first-generation<a href=\"https:\/\/www.apple.com\/iphone\/\"> iPhone<\/a> as a present in 2007, but she never opened it because she didn&#8217;t want to let go of her other phone. Years later, the phone was sold at auction for a staggering $63,356.40 \u2014 more than 100 times its original price.<\/p>\n<p>Once the Sunday auction ended, the owner consigned the 2007 phone, which was still sealed in its box.<\/p>\n<p>The phone, sold on LCG Auctions on February 2, received bids from a total of 27 people. Even though it was anticipated to fetch $50,000, it easily crossed the $63,000 mark.<\/p>\n<p>The first-ever iPhone was released in June 2007.<\/p>\n<p>According to USA Today, Karen Green, a cosmetic tattoo artist in New Jersey, the phone&#8217;s initial owner, had it valued in 2019. It was valued at $5,000 because it was an 8GB, not a 4GB, and it was in the original packaging.<\/p>\n<p><em><strong>Read more:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/technology\/apple-cuts-production-of-iphone-14-plus.html\">Apple cuts production of iPhone 14 Plus<\/a><\/strong><\/em><\/p>\n<p>When the phone was released in 2007, Green received it as a present that summer when she was hired as a manager at PetSmart, according to Business Insider.<\/p>\n<p>At the time, according to the Insider report, Green already had three phone lines with Verizon, and iPhones only used AT&amp;T. She &#8220;kept the phone on a shelf for years, unopened and unused, wrapped in a pair of felt pyjamas for extra precaution, in order to avoid a costly termination fee.&#8221;<\/p>\n<p>&#8220;I didn&#8217;t want to get rid of my new phone,&#8221; Green said in a 2019 appearance on &#8220;Doctor &amp; The Diva.&#8221;<\/p>\n<p>Over the years, Green thought about selling the iPhone, but she kept it until she got in touch with LCG Auctions in October after finding out that another first-generation iPhone from 2007 went for about $40,000. She told Insider that she needed the cash for her cosmetic tattoo business.<\/p>\n<p>Apple first charged $599 for the first iPhone more than 15 years ago. According to LCG Auctions, the device was initially offered with 4GB or 8GB of storage, a 2-megapixel camera, and a 3.5-inch screen.<\/p>\n<p>In January 2007, during Steve Jobs&#8217; tenure as CEO of Apple, he referred to the phone as &#8220;revolutionary&#8221; when he first unveiled it at the Macworld convention.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First-gen iPhone from 2007 sold for $63,000 at auction. A woman received a factory-sealed, first-generation iPhone as a present in 2007, but she never opened it because she didn&#8217;t want to let go of her other phone. Years later, the phone was sold at auction for a staggering $63,356.40 \u2014 more than 100 times its [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":14298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,8,3],"tags":[6526],"class_list":["post-14297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-technology","category-world","tag-iphone"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/14297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=14297"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/14297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/14298"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=14297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=14297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=14297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}