EBay, Collectors, Flea Market & Antiques

multigraincracker

(34,322 posts) Tue Feb 21, 2023, 04:03 AM Feb 2023

A first generation iPhone fetches $63,000 at auction

https://www.cnn.com/2023/02/02/tech/first-generation-iphone-auction/index.html

New YorkCNN —
A first-generation 2007 iPhone sold for more than $63,000 in an online auction Sunday, more than 100 times its original cost. Dubbed a “first-edition” device by auctioneer LCG Auctions, the box had never been opened.

The original iPhone cost $599 and offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4 GB and 8 GB storage options, internet capabilities and iTunes. It had no app store, ran on a 2G network and was exclusive to AT&T’s network.

Bidding on this phone began online earlier this month at $2,500. All told, there were 27 bids on it, according to LCG’s website. Mark Montero, founder of LCG Auctions, told CNN that 10 buyers vied for the iPhone and the winner was “an individual from the US.”

I'll have google image of it, in case I see one at a yard sale.

6 replies

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A first generation iPhone fetches $63,000 at auction (Original Post) multigraincracker Feb 2023 OP

DuckDuckGo-ed it and it looks multigraincracker Feb 2023 #1

Someone thinks it a good investment bucolic_frolic Feb 2023 #2

Markets change all of the time. multigraincracker Feb 2023 #4

We should change the name of this group to "Finding a bigger sucker." ZonkerHarris Feb 2023 #5

lol, roflmao. I can't distinguish if that's sarcasm, but the idea is when they show you the money bucolic_frolic Feb 2023 #6

I have five old iPhones PJMcK Feb 2023 #3

multigraincracker

(34,322 posts)

1. DuckDuckGo-ed it and it looks

Reply to multigraincracker (Original post)

Tue Feb 21, 2023, 04:16 AM

Feb 2023

like the one that sold was still sealed in original box. Fat chance of finding one like that.

bucolic_frolic

(47,584 posts)

2. Someone thinks it a good investment

Reply to multigraincracker (Original post)

Tue Feb 21, 2023, 08:23 AM

Feb 2023

but collectors rely on finding a bigger sucker

multigraincracker

(34,322 posts)

4. Markets change all of the time.

Reply to bucolic_frolic (Reply #2)

Tue Feb 21, 2023, 09:34 AM

Feb 2023

Might as well just get it because you liked it. Electronics and games are hot. I’m just not interested enough in them to follow the market.
I like and buy stuff I’m interested in. Going tru my junk yesterday and found a tool to measure angles. Almost looks like a metronome, only skinny and all steel. Paid a nickel for it. On one side it says angligner the other says General Electric. Couldn’t find it on eBay, but looks like anything that says GE on it people collect. At least $30 I’m guessing. I have no idea so I’ll have to auction it on line to find out.

ZonkerHarris

(25,421 posts)

5. We should change the name of this group to "Finding a bigger sucker."

Reply to bucolic_frolic (Reply #2)

Tue Feb 21, 2023, 01:26 PM

Feb 2023

bucolic_frolic

(47,584 posts)

6. lol, roflmao. I can't distinguish if that's sarcasm, but the idea is when they show you the money

Reply to ZonkerHarris (Reply #5)

Tue Feb 21, 2023, 01:40 PM

Feb 2023

Sell for whatever the market will bear as they say.

PJMcK

(23,008 posts)

3. I have five old iPhones

Reply to multigraincracker (Original post)

Tue Feb 21, 2023, 08:34 AM

Feb 2023

They all still work! The 3G doesn’t hold a charge but plays music when it’s plugged in; I have it in an old Bose speaker/dock.

I ripped hundreds of holiday albums onto the 5. During the season, I let it play in random mode. There’s enough music on it for days of cheer!

Apple makes good and durable products. Unfortunately, as technology advances, older hardware can’t always keep up so we upgrade our gear.

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