WATCH | First-generation iPhone sells for R3.4m
An Apple first-generation iPhone sold for $190,372.80 (about R3.4m) at a US auction on Sunday.
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An Apple first-generation iPhone sold for $190,372.80 (about R3.4m) at a US auction on Sunday.
The unopened 4GB first edition model, described as 'exceedingly rare', was bought for more than 300 times the $599 (£457) price it was marketed at when it was launched in San Francisco in 2007.
Karen Green was gifted the phone in 2007 and never opened it, but instead decided to sell it at auction. According to CNN, the founder of LCG Auctions, Mark Montero, said there were 10 potential buyers with the phone going to someone in the USA in the end for $63,000!
The smartphone was first launched in 2007 and now 16 years later an unopened edition of the model owned by tattoo artist Karen Green has been sold by LCG auction house for $63,356 after receiving 27 bids from a starting price of $2,500
A first-generation iPhone, still factory-sealed inside its box, has sold for more than $63,000, according to LCG Auctions which had expected the Apple relic to go for $50,000.