In a remarkable turn of events, a rare 4GB iPhone from 2007 has shattered the record for the highest price ever paid for an Apple product at an auction. The sealed original iPhone commanded a staggering $190,372.80, surpassing the previous record of approximately $63,000 for the same model.
This particular 4GB iPhone was among the four original iPhones put up for auction by LCG Auctions. The collection also included an 8GB iPhone from 2007, a 16GB iPhone from 2008, and a European version of the 8GB iPhone from 2007, exclusively locked to O2. Collectively, these coveted iPhones fetched a total of nearly $265,000.
Of the four models, the 4GB iPhone stood out as the most highly sought-after item due to its extreme rarity and scarcity in the market. Discontinued within a mere three months of its launch due to lackluster demand, this particular model fell out of favor as customers favored higher storage options. Initially priced at $499, its present worth has skyrocketed to nearly 400 times that amount.
Following closely behind, the 8GB iPhone from 2007 secured the second-highest bid of $53,725.20. While also considered a rare find, it pales in comparison to the scarcity of the 4GB variant. The 16GB iPhone from 2008 garnered a respectable bid of $13,789.20, while the European model received the lowest bid at $7,075.20.
These vintage iPhones hold immense appeal for collectors and ardent Apple enthusiasts, commanding exorbitant prices within the market. They serve as tangible relics, symbolizing a pivotal chapter in Apple’s illustrious history and reinforcing the company’s iconic status within the tech industry.
