This factory-sealed, first gen iPhone sold for over $63,000

We all know new iPhones are expensive and older ones hold value for longer. But this one takes the cake.

A factory-sealed first-generation original iPhone manage to fetch over $63,000 (around ₱3.47 million) at an auction. For perspective, the device has an SRP of $599 in 2007.

As the story goes, the unused iPhone was owned by Karen Green, who was gifted the unit some sixteen years ago. Since she was unable to use the device on her network at the time, she decided to put it in storage.

In 2019, Green decided to have the iPhone appraised which was valued at $5,000. She decided to hold it for longer, hoping to raise its value, until the present day when she decided to sell it to fund a business.

This factory sealed, first gen iPhone sold for over $63,000

The iPhone went live at LCG Auctions and ran from February 2 to 19, 2023. It started at $2,500 and was eventually sold for $63,356.40.

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The original iPhone featured 2G connectivity with a 3.5-inch 480×320 TFT display, up to 16GB storage, a 2MP camera, and a headphone jack.


Bryan is a geek at heart and a tech enthusiast by choice. He has a strong background in corporate communications, marketing services, and customer relations having worked in the telecommunications and banking sectors for over two decades. In his spare time, he enjoys watching clips on YouTube and binge watching shows on Netflix.

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