On February 20, an auction was held in which a first-generation iPhone, which had never been opened or used, was sold for $63,356.40 dollars – a melon of Mexican pesos. This price exceeded auction expectations, as the phone was expected to sell for $50,000.
The iPhone, which was listed in early February, had 8 GB of storage and Apple’s original 3.5-inch screen. Bids for this device started at $2,500, indicating the high value placed on this piece of technological history.
The retail price of this first-generation iPhone was more than 100 times its original cost of $599. In addition, according to the auction house LCG Auctions, 27 offers were received for this device. Ten buyers competed for the phone.
Although it is not known who bought the first edition iPhone, Mark Montero, founder of LCG Auctions, confirmed that the buyer is from the United States. Although the buyer took home a piece of history, Karen Green, the original owner of the phone, is the one who emerged victorious with a large payment for this device.
In October 2022, a similar iPhone in perfect condition was auctioned for $39,339.60 dollars ($725,284 Mexican pesos).