100 times more than the original price/ 2007 iPhone sold at auction for $63,000

Illustrative photo

An iPhone from 2007 has sold for more than $63,000 at an auction. It's the highest price an original iPhone has ever sold for.

More than 15 years ago, Apple sold the original iPhone for $599. The device was initially available with 4GB or 8GB of storage, a 2-megapixel camera and a 3.5-inch screen.

Sarah Jackson reported to Insider that the particular iPhone auctioned belonged to Karen Green, a cosmetic tattoo artist in New Jersey. Green was gifted an iPhone, but she never opened it because she was tied to a Verizon contract, which was not available for iPhones.

Green considered selling the iPhone over the years, but held off until he contacted LCG Auctions in October after learning that another first-generation iPhone from 2007 sold for nearly $40,000.

The auction opened on February 2nd and closed on February 19th. The auction house told Insider that Green had a "really unique piece with a wonderful story behind it"./ CNA.al

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