16-year-old iPhone Sold At Auction For $63K
![](https://expatguideturkey.com/wp-content/uploads/2023/02/16-year-old-iPhone--780x470.webp)
16-year-old iPhone Sold At Auction For $63K
American technology company Apple’s first generation smartphone iPhone was sold at an online auction for 63 thousand dollars (approximately 1 million 190 thousand TL).
![](https://expatguideturkey.com/wp-content/uploads/2023/02/16-year-old-iPhone-6.webp)
According to the news of CNN, the first generation iPhone, offered for sale by the LCG Auction site, has found buyers 100 times more than its real price.
![](https://expatguideturkey.com/wp-content/uploads/2023/02/16-year-old-iPhone-1.webp)
16-year-old iPhone Sold At Auction For $63K
27 PEOPLE BIDDED
A total of 27 people participated in the auction, which started with an offer of 2 thousand 500 dollars (approximately 47 thousand 170 TL) about a month ago, to buy the unopened iPhone.
![16-year-old iPhone](https://expatguideturkey.com/wp-content/uploads/2023/02/16-year-old-iPhone-2.webp)
Mark Montero, the founder of LCG Auction, said that an American person bought the new generation iPhone for $ 63 thousand in the auction where 10 buyers competed until the last moment.
![16-year-old iPhone](https://expatguideturkey.com/wp-content/uploads/2023/02/16-year-old-iPhone-3.webp)
START IN 2007
The first generation iPhone, originally priced at $599 (approximately 11,300 Turkish Lira), was launched in 2007 with a 3.5-inch (8.89 cm) screen, a 2-megapixel camera, 4 or 8 GB of memory and internet features.
![16-year-old iPhone](https://expatguideturkey.com/wp-content/uploads/2023/02/16-year-old-iPhone-4.webp)
Another first-generation iPhone sold on the same auction site last year also found buyers for $39,000 (approximately 736 thousand liras).
![16-year-old iPhone](https://expatguideturkey.com/wp-content/uploads/2023/02/16-year-old-iPhone-5.webp)