An unused first-generation iPhone sold for over US$63,000

An unused first-generation iPhone sold for over US$63,000

WASHINGTON: A first-generation iPhone still unopened and in a plastic-wrapped box was auctioned for more than US$63,000 (about RM280,000).

Louisiana-based LCG Auctions said the iPhone fetched a top bid of US$63,356.40 before the auction closed on Sunday.

According to United Press International (UPI), Karen Green, the original owner of the device said she received it as a gift in 2007 but did not use it because she had just bought the phone.

Green, who runs a tattoo shop in New Jersey, said he first became interested in the vintage phone’s value when he heard about another unopened iPhone selling for $40,000.

The estimate turned out to be too low when the phone which was originally priced at US$599 sold for US$63,356.40.

Green said the proceeds from the sale will be invested in his tattoo shop.

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