WTF: Factory-sealed, first generation iPhone goes up on ebay for $10,000

tech wtf

According to the description, it’s a “rare collectors vintage box set.” I don’t know what that means…. I mean, the iPhone is just what, like 5 years old?

It seems two sellers have each an 8GB, first generation iPhone for auction at an astonishing price. This first seller started his auction at $2,000 USD. As of this moment, and after 9 bids, it’s going for $6,100 USD.

This second seller, however, has it at a “buy-it-now” price of $10,000 USD. Apparently that’s the price of a factory-sealed phone from 2007, so let’s look into that a little bit.

The original iPhone was introduced by Steve Jobs on January 9, 2007 in a keynote address at the Macworld Conference & Expo held in Moscone West in San Francisco, California.

So, are you telling me that a discontinued, factory-sealed piece of electronics from 5 years ago is worth more than $5,000 USD? I’m sorry, but I really gotstah aks…. is it really worth that price? That’s more than I would pay for anything that’s not a car.

Now, I know you might be thinking I’m hating on it because it’s an Apple product, but you’re wrong. The most expensive piece of electronics I have ever bought in my life was my laptop that I really needed, it was going for $1500 something at the time, that was back in 2006, and I still have it (and use it).

Let me tell you a story. I once sold a car on eBay, it was an old ’90 something Geo Metro, and all I got was like $1500USD. That’s what you get for a car. A car takes you places; a phone doesn’t. I hope you understand where I’m going with this.

I know collectors like stuff like this, so I’m not going to criticize their actions, but the average Joe would have to be insane to cough up the dough for a phone that’s not even on the market anymore, especially when the economy is upside down.

Now my question is, would you buy a first-gen electronic device from 5 years ago at a whopping price of $10,000? $10K is a lot of money to be spent on a discontinued phone, me thinks…

One Comment

  1. UPDATE ON THE AUCTIONS:

    The iPhone that started as a straight auction at $2,000 USD was sold for a final bidding of $10,099 USD, you can see the bidding history here.

    The other one is still waiting to be bought with a buy-it-now price of $10,000.

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