Dubbed the “Holy Grail” by auctioneer LCG Auctions, the 4GB model was expected to fetch in the region of $50,000-$100,000. But after attracting 28 bids online, the phone’s value quickly rose and Sunday’s final sale price was $190,372.80. On the listing, LCG Auctions says that, in the last nine months, a pair of 8GB versions of the 2007 factory sealed first-edition iPhone sold for “record prices.
Earlier this year, a first-generation 2007 iPhone sold for more than $63,000, while another unopened first-generation iPhone sold for more than $39,000 in a listing also by LCG Auctions in October. The iPhone changed the way billions of people around the world communicate, make payments, do their jobs, take photos and even how they wake up in the morning. It killed dozens of industries and gave life to many more.