The rare first-edition, unopened 4GB model sold for almost 400 times its original value.
But there are some special cases, as seen at an auction in the US, where a first-edition, unopened 4GB modelNot many of these were made at the time, leading the model to be considered the "Holy Grail" by iPhone collectors.
The final fee includes the administration costs on top of the hammer price paid to the auction house by the buyer, known as a "buyer's premium".LCG Auctions described it as "a popular high-end" and "red-hot collectable", adding that two other factory-sealed, first-edition iPhones had sold at record values in the last year.
Originally retailing at $599 , the lot was expected to fetch in the region of $50,000-$100,000 - but managed to smash all previous records. Most people decided to purchase the 8GB model, which was launched at the same time, and gave users double the storage space, for just $100 more.
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