Apple’s Success Story: The iPhone rapidly became Apple’s most successful product, reshaping the smartphone market.
Limited Production Run: The 4GB model was discontinued shortly after launch, adding to its desirability among technology enthusiasts due to its rarity.
Milestone Year: This year marks 16 years since the iPhone’s unveiling, which revolutionized the mobile industry and earned the title of “2007 Invention of the Year” by Time magazine.
Historical Significance: The consignor being a member of the original engineering team at Apple during the iPhone’s launch adds to its historical value.
“Holy Grail” for Collectors: The pristine condition, scarcity, and no damage to its display or buttons make this iPhone model a true “holy grail” for collectors.
Rarity and Scarcity: The auction garnered significant attention, with 28 bids placed, highlighting the extraordinary rarity of this untouched first-generation iPhone.
Pristine Condition: The 4GB model, in exceptional condition, exceeded its original sale price by a remarkable 300 times, making it an immensely popular high-end collectible.
Record-Breaking Sale: A vintage 2007 Apple iPhone, still wrapped in its factory packaging, fetched an astounding Rs 1.56 crore ($190,372.80) at auction.
In a remarkable auction event, a vintage 2007 Apple iPhone has been sold for a staggering Rs 1.56 Crore. The sale of this iconic device showcases the growing trend of technology antiques and rare collectibles in the market. Nostalgia and the desire to own a piece of tech history have fueled the bidding war, resulting in a whopping price for this classic smartphone.