Lot # 2: Original 2007 Apple iPhone Factory Sealed (First Release, 4GB)

Category: Platinum Lots

Starting Bid: $10,000.00

Bids: 28 (Bid History)

Time Left: Auction closed
Lot / Auction Closed




This lot is closed. Bidding is not allowed.

Item was in Auction "2023 Summer Premier Auction",
which ran from 6/30/2023 5:00 PM to
7/16/2023 5:00 PM



Presented is the preeminent example of an original Apple iPhone: the elusive 4GB model released on June 29th, 2007.  LCG Auctions is incredibly thrilled to bring this extraordinary collectible to auction for the very first time. 

 One of the most important and ubiquitous inventions of our lifetime, the iPhone was first introduced by Steve Jobs on January 9, 2007 at MacWorld San Francisco.  Just over five months later it was released at retail for $499/$599 on June 29th.  The original iPhone included 4/8 GB of storage, an innovative touchscreen, a 2-megapixel camera, and a web browser.  The iconic box featured a life-size image of the iPhone with 12 icons on the screen.  It quickly became Apple’s most successful product, forever changed the smartphone industry, and was named the Time Magazine Invention of the Year in 2007.

It has also proven to be a popular high-end collectible.  Over the last 9 months, a pair of 8GB versions of the 2007 factory sealed first-edition iPhone realized record prices.  The October sale established a record price of$39,339 , and then a February sale of $63,356 established a new record price.  These sales received widespread media coverage from major outlets including CNNNPRBBC, and others.  

 The original 4GB model is considered a “Holy Grail” amongst iPhone collectors.  Its extreme scarcity is directly related to its limited production.  Debuting on June 29th, 2007, alongside the 8GB model, the 4GB model was hampered by slow sales.  Buyers chose to pay the $100 upcharge in exchange for double the storage space.  The lagging sales resulted in Apple making the decision to discontinue the 4GB model on September 5th, 2007, just over two months after it was first released.  

 Our offering is an exceedingly rare, factory sealed, first-release 4GB model in exceptional condition.  Virtually flawless along the surface and edges, the factory seal is clean with correct seam details and tightness.  Labels on the reverse are correctly pristine beneath the seal.  Outstanding color and gloss.  Brand new, never activated.  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)

 

Est. $50,000 - $100,000

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