The offered iPhone was the 4GB model of the 2007 Apple iPhone.
The report revealed that this uncommon iPhone got here from a former Apple engineer that labored on the smartphone.
People love Apple merchandise and iPhones are on high! And the love isn’t for simply new iPhones, they’re prepared to spend large bucks on outdated fashions as properly.  In a latest public sale, an unique 2007 Apple iPhone utterly sealed and packed within the manufacturing field was offered for an astonishing $158,000 (round Rs 1,29,80,000).
According to a report from 9to5mac,  auctioned by LCG, it was a really uncommon mannequin. The offered iPhone was the 4GB model of the 2007 Apple iPhone that was solely produced for a few months. The system was put up for public sale in June.
Bidding began at $10,000 on June 30 and reached a peak of $42,000 quickly. The public sale finally grew to become intense with bidding leaping from $67,000 to the ultimate worth of $158,644. And in comparison with the unique $499 worth of the 4GB mannequin, that’s roughly a 318x improve in worth over the past 16 years, the report mentioned.
The report revealed that this uncommon iPhone got here from a former Apple engineer that labored on the smartphone.
“Our providing is an exceedingly uncommon, manufacturing unit-sealed, first-launch 4GB mannequin in distinctive situation. Virtually flawless alongside the floor and edges, the manufacturing unit seal is clear with right seam particulars and tightness. Labels on the reverse are accurately pristine beneath the seal. Outstanding colour and gloss. Brand new, by no means activated,” the LCG Auction website wrote.
“The phone’s provenance is pristine as the consignor was part of the original engineering team at Apple when the iPhone first launched. Collectors and investors would be hard-pressed to find a superior example. Relevance and rarity comprise a winning formula for this red-hot collectible. Model A1203, Order MA501LL/A 4GB),” it added.
Earlier this yr, one other first-gen iPhone mannequin from 2007 went for $63,356 (Rs 53 lakh approx) over the weekend. This first-gen iPhone gives 8GB storage and it was launched for $599 (Rs 48,000 approx) again in 2007.