Do you have old first-generation iPhones in your drawers?

There are undoubtedly old devices that deserve to be kept!

For a collector, a simple first generation iPhone sold at a recent auction is worth nothing less than the tidy sum of US$39,500, the equivalent of CA$54,230.

This iPhone of only 8 GB with a 2 megapixel camera was sold by the auction site LCG Auctions three days ago. Its first owner in 2007 bought it for around US$600. Nearly 6.1 million copies of the first generation iPhone were produced after its launch on June 29, 2007, according to Wikipedia, which was introduced earlier by Steve Jobs at Macworld on January 9, 2007.

In exceptional condition!

“We expected bidding for this item to be fierce and it did not disappoint as a handful of avid and sophisticated collectors drove the price from just over $10,000 on Sunday afternoon to this record amount on Sunday evening,” Mark Montero, founder of LCG Auctions, said in a statement.

The phone that sold over the weekend was advertised as being in “exceptional condition”, with “immaculate” labels under the plastic seal and no aftermarket stickers on the box.

With only 8GB of storage back then, today’s iPhones have at least 128GB.