In 2007, Karen Green received a brand new iPhone as a present, but she never opened it.
In 2007, Karen Green received a brand new iPhone as a present, but she never opened it.
Years later, she decided to sell it and contacted LCG Auctions, a luxury goods auction house.
Years later, she decided to sell it and contacted LCG Auctions, a luxury goods auction house.
The phone, which was still in its original packaging, received bids from 27 people.
The phone, which was still in its original packaging, received bids from 27 people.
The auction ended on February 2, and the winning bid was $63,356.40
The auction ended on February 2, and the winning bid was $63,356.40
The first-generation iPhone was released in June 2007 and sold for $599.
The first-generation iPhone was released in June 2007 and sold for $599.
The 2007 iPhone had 4GB or 8GB of storage, a 2-megapixel camera, and a 3.5-inch screen.
The 2007 iPhone had 4GB or 8GB of storage, a 2-megapixel camera, and a 3.5-inch screen.
Karen Green said she kept the phone unopened because she didn't want to let go of her other phone.
Karen Green said she kept the phone unopened because she didn't want to let go of her other phone.
The sealed iPhone was valued at $5,000 in 2019 because of its condition and storage capacity.
The sealed iPhone was valued at $5,000 in 2019 because of its condition and storage capacity.
The sealed iPhone became a collector's item and sold for over 100 times its original price.
The sealed iPhone became a collector's item and sold for over 100 times its original price.
The iPhone revolutionized the mobile phone industry and marked the beginning of Apple's dominance in the market.
The iPhone revolutionized the mobile phone industry and marked the beginning of Apple's dominance in the market.
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