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iphone: First-gen 4GB, unopened iPhone fetch $190K at auction

LCG Auctions, which hosted the sale, said the 4GB iPhone model was 20 times rarer than the 8GB model released at the same time for USD 599.

United statesMark monteroLcg auctionsCalifornia company

First-gen iPhone sells at auction for $190K - about 380 times its original price

Factory-sealed first-generation iPhone, which originally sold for $499, fetches $190,373 at auction

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First-gen iPhone sells at auction for almost 380 times its original price, ET Telecom

Iphone: "A new bar was set Sunday night," said Mark Montero, the founder of LCG Auctions. "We are thrilled to be a part of this fantastic record breaking sale."

United statesSan franciscoMark monteroSteve jobsMacworld conferenceLcg auctionsIphone auctionFirst gen iphonePhone 4gb

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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First-Generation iPhone Sells For Over 300 Times Its Original Value

The 2007-era phone was advertised as a “popular high-end collectible" and fetched $190,372 on the auction block.

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