Another unopened iPhone appeared at one of the online auctions, and its owner can get almost two orders of magnitude more for it than it cost in 2007. Karen Green said she was given the phone the year it was released, but she never opened it. And after the successful results of a similar auction last October, she was offered to sell it.
Last October, the original, unopened iPhone sold for $39,340, which is way more than its original price of $599. The auction house that put up the new lot says it can fetch “at least $50,000.” Ms. Green said she was given the iPhone in 2007, but she was a Verizon customer, and the first iPhone in the US only supported AT&T networks. Then she did not sell it, but put it on the shelf, “wrapping it with a pair of woolen pajamas for greater safety.”
She put it up for auction to financially help her tattoo parlor: “If I could hold the phone for another 10 years, I probably would have done it. The only reason I’m selling this phone is because I need to support this business.” Lot exhibited the house of LCG Auctions. The initial price is $2,500, but they want to raise at least $50,000 – until February 19, when the auction ends, there will be enough time for this.
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