Recently, A Price Of Over $60,000 Was Paid For An Extremely Rare iPhone

The iPhone 14 Pro Max is the priciest iPhone you can purchase directly from Apple when equipped with the best specs. If you choose the most expensive 1TB model, it costs $1,599. Rare iPhones are going for outrageously high prices at auction, flagrantly disregarding Apple's current price cap. One recent auction revealed how much a collector will pay for a rare Apple device. The in question iPhone was a genuine 2007 model that LCG Auctions sold for $63,356.40 earlier this month. Photo Credit: Yahoo Finance Before you start frantically searching through your junk drawer for your old, used iPhone, remember that the one that sold was bought in 2007 and was still in perfect condition when it was left in its box, never opened. In an interview with Business Insider, the seller, Karen Green, claimed that she received the phone as a gift from some friends but was unable to use it because of Apple's previous AT&T exclusivity. As a result, the phone remained in its box. The bidding for the phone began at just $2,500, but after 17 days and 19 bids, it increased to sell for over $60,000. This is more than double the previous record for an original iPhone, which was set in October 2022 when it sold for more than $39,000. The online auction house was reportedly shown a lot of "duds" following the prior sale as a result of people learning how much used Apple products can fetch, which prompted Green to get in touch with LCG Auctions to have her iPhone evaluated. However, this first-generation iPhone isn't the only vintage Apple product in pristine condition to fetch astronomical prices. Steve Jobs and Steve Wozniak created the original Apple-1 computer in 1976 in Jobs' garage, and it was auctioned off for $500,000. In terms of cost and significance, an original iPhone from 2007 and a computer built by Steve Jobs and Steve Wozniak in 1976 obviously differ greatly, but it's obvious that collectors are willing to spend a fortune on an item from Apple history. Photo Credit: John Moran Auctioneers, Inc. You might want to contact a website like LCG Auctions if you believe you have a well-kept, potentially valuable Apple device because you might be sitting on something that is worth several thousand dollars.