First Release Sealed iPhone 4GB Model Sold for Record 150000 Dollars Auction Price Bid Details

You must have heard stories of people buying old things for millions, crores and even billions, but how surprised you would be if we tell you that a person bought the Apple iPhone launched about 16 years ago in crores. . We are talking about the first model of the Apple iPhone product lineup, which was introduced by Steve Jobs in 2007. This first iPhone model was launched in two storage variants 4GB and 8GB. At that time its price was between $ 500 to $ 600 and today a person has agreed to pay $ 1.90 lakh for it.

This First Release, Factory Sealed iPhone 4GB was sold at the LCG Auction a few weeks ago List it was done. The auction company estimated that the unit could be purchased for between $50,000 and $100,000. 9to5Mac’s According, Bidding started on June 30 at just $10,000 (roughly Rs. 8.20 lakh). Bidding initially increased slowly and by Sunday, July 16 had reached $42,000.

Reports suggest that after this, the bidding escalated rapidly and after several bids, the winning bid was $190,372 (roughly Rs. 1.56 crores).

According to the report, an 8GB model of the same first release was auctioned for $64,000 (about Rs 52 lakh) in February this year. Not only that, another sealed 8GB model was sold on Sunday for just $39,339 (about $3.2 million).

Now if you’re wondering how the 4GB model was in higher demand than the 8GB, the auction says that “the original 4GB model is considered the “Holy Grail” among iPhone collectors. Its extreme scarcity is directly related to It is from limited production. A 4GB model debuted on June 29, 2007, along with an 8GB model due to slow sales. Buyers chose to pay an extra $100 for double the storage space. Due to declining sales, Apple The decision was made to discontinue the 4GB model on September 5, 2007, just two months after it was first released.”