First Generation iPhone Auctioned and Sold for over £130,000

An auction isn’t just about placing the highest bid, it’s also about the drama, the anticipation, and the thrill of the unexpected. This Sunday’s auction was a testament to that.

A first-generation iPhone, dubbed the ‘Holy Grail’ among Apple collectors, shattered all expectations and sold for an impressive £137,172.20. The estimated price for this relic of tech history was a modest £36,000-£72,000.

As the auction hammer fell, it became apparent that tech enthusiasts and collectors were prepared to bid a lot more for this piece of technology that changed the world. This model of the iPhone isn’t just another gadget. It’s a symbol of the tech revolution that swept the world more than a decade ago.

Introduced by Apple in 2007, it was a bold move to launch the 4GB model. But it didn’t quite capture the consumer’s fancy and was swiftly replaced by the 8GB model after just two months.

Auctioning a Rarity

The 4GB iPhone was never just a phone. It was an experience. A gadget that represented innovation, courage and technology coming together.

Yet, it was an experiment that was short-lived. When presented with an option of more storage for a few more pounds, consumers chose the 8GB version, and the 4GB model was soon relegated to the pages of tech history. That short lifespan on the market has now become its biggest asset.

According to LCG Auctions, who oversaw the sale, its “extreme scarcity” and “limited production” have made this iPhone incredibly elusive and desirable among collectors. The phone, still in its original packaging and unopened, represents an era when the iPhone was a fresh idea, a ‘game-changer’.


The iPhone: An Icon

A sealed, untouched iPhone, especially the first generation one, is like finding a time capsule. The iPhone was not just another gadget; it transformed the way we live, communicate, entertain and work. The iconic phone heralded a new age of smartphones, leading to the demise of some industries like flip phones and MP3 players while giving birth to many more.

Remember the words of the late Steve Jobs at the 2007 Macworld expo? “We’re going to make some history together today.” He wasn’t exaggerating. The iPhone was a revolution, a unique blend of an iPod, a phone and an ‘Internet communicator’. The world embraced it, and there was no turning back.

Collector’s Frenzy: The Trend Continues

The tech enthusiasts‘ interests for collecting Apple memorabilia shows no signs of slowing down. Earlier this year, an unopened first-generation iPhone was sold for more than £45,360. Another similar iPhone fetched over £28,080. Not just the iPhones, even Steve Jobs’ personal items are in high demand. Last November, his old Birkenstock sandals were auctioned off for over £144,000. It’s a fascinating world where bits of tech history become valuable collector’s items.

For the lucky bidder of this iPhone auction, they didn’t just purchase a piece of technology, they acquired a slice of history.

These memorabilia remind us of how far we’ve come technologically, with us nearing the launch of the iPhone 15 in 2023. They remind us of the revolutions, big and small, that have shaped the world we live in today.