First-generation iPhone sells for almost $280,000 at auction
A first-generation iPhone sells for almost 380 times its original price of $US499 ($735) when it first went on sale in 2007.
All were factory sealed in their original packaging
In case someone thinks they have a goldmine sitting in a drawer or closet somewhere
That's still ridiculously overpriced. It's not even that old.
So it's pristine shit.
That's insane. I saw MKBHD's video recently where he bought one for around 40k and found that the originals can't fully boot due to the age of the installed firmware. I can't believe they're going up in price so fast, considering the value seems to be entirely in the packaging.
the value seems to be entirely in the packaging.
How true and how ridiculous is that?! At least my Pop Vinyls & Star Trek Hot-wheels collectibles are still functional toys if they are ever removed from their packaging.
Yeah, this is crazy. Didn’t expect to say this, but it looks like MKBHD got a good deal on that iPhone 😅
Well, that's just silly.
Always glad to see some people can burn their money like this
