The first-generation iPhone was sold last Sunday at an auction price of $63,356.
And the auction site “LCG Auction” said that bidding for the phone, which was produced in 2007, began on February 2, at a price of $ 2,500. The phone had received 27 bids by the time the auction closed last Sunday.
The phone was expected to fetch a price ranging between $20,000 and $40,000, according to “Fox News”, and Al Arabiya.net reviewed it.
A photo on the auction site shows the phone inside an unopened black box. The phone features a 2 megapixel camera and an “innovative” touch screen. The model that was sold at the auction came with 8MB of storage space.
According to Business Insider, Karen Green – a celebrated cosmetic tattoo artist – received an iPhone as a gift over 10 years ago. But due to the phone being exclusive to AT&T while she used Verizon, it sadly remained unusable for her.
At the time of its 2007 release, the iPhone was selling for $499 and $599.
And in October, a first-generation iPhone sold for more than $39,000 at auction.