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    Home»News»Original iPhone From 2007 Just Sold for Over $63,000
    Apple iPhone 7 and iPhone 7 Plus
    Apple iPhone 7 and iPhone 7 Plus (Maurizio Pesce: https://commons.wikimedia.org/wiki/File:IPhone_7_and_iPhone_7_Plus_(close-up).jpg)
    News

    Original iPhone From 2007 Just Sold for Over $63,000

    Amy DavisBy Amy DavisFebruary 22, 2023Updated:February 22, 20233 Mins Read
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    An original factory-sealed iPhone just sold at auction for $63,356.40. Thats more than 100 times what it sold for back in 2007, when it first hit the market. The phone’s owner, Karen Green, got it as a gift from her friends to celebrate her becoming a manager at PetSmart. The thing is, she already had three phone lines through Verizon, and at the time, Apple’s iPhone was exclusive to AT&T. So since switching phone plans is a hassle and the termination fees would have been outrageous. She instead elected to put the unopened and unused iPhone on the shelf.

    She wrapped it up in a pair of felt pajamas for extra protection, and there it was forgotten.

    iPhone First Generation 8GB
    iPhone First Generation 8GB Photo by Carl Berkeley, Flickr [https://www.flickr.com/photos/[email protected]/3680455198/]

    That is until Green heard about an original, unopened iPhone that sold for $10,000 on eBay. “I thought to myself, ‘Oh my God, I think I have the original,'” she said. “I called my son and I was like, ‘Go get the phone and make sure it’s not opened.”

    In 2019 she went on the daytime TV show “Doctor & the Diva” as a part of a segment where viewers could have items appraised. Green’s iPhone was appraised for an estimated value of $5,000. But Green decided to wait a few more years, a choice that would pay off big time.

    In October 2022, she heard about another factory-sealed, first-generation iPhone that sold at auction for nearly $40,000. Green was just starting up her own business, Tattician a cosmetic tattoo studio in New Jersey. “It took me almost a year to get it up and running, and when you don’t have an income for a year because you don’t have a place to work and you’re trying to get out on your own, your resources start to go,” she said.

    iPhone First Generation 8GB
    iPhone First Generation 8GB Photo by Carl Berkeley, Flickr

    The possibility of $40,000 was too enticing to pass up.  “If I could hold off on the phone for like another 10 years, I probably would,” Green said. “The only reason why I am selling that phone is because I need to support this business.”

    She reached out to the auction house behind the sale, LCG Auctions.  “We got calls from everybody, but 99% of them didn’t have the same thing,” Mark Montero, founder of LCG Auctions, said. “But Karen had a really unique piece with a great story behind it.” Adding “It was shocking because we had gotten so many duds.” 

    Green’s original 8GB iPhone was appraised at $50,000 with an opening bid of $2,500. But brought in significantly more than that selling for over $63,000. We hope this seriously helps Green get Tattician to where she wants it to be.

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    Amy Davis
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