The first iPhone was released in June 2007 and sold six million units. One of these copies is currently up for auction at the American auction house LCG Auctions. It is expected that the phone will sell for over 50 thousand dollars or just over seven million in Icelandic krona.
Karen Green is the current owner of the phone, but she received it as a gift when she started her new job. Green did not unlock the phone at the time as she already had a new phone.
That iPhone ended up on a shelf in Green’s home, still in the plastic. She says the phone has been lying on the shelf, wrapped in pajamas, for years. Last October, she found out that the same phone had been sold at auction for over 39 thousand dollars, about 5.5 million in Icelandic krona.
Green subsequently contacted the auction house that sold the phone and said he had the same phone. Mark Montero, the founder of LCG Auctions, tells Business Insider that Green was by no means the only one who got in touch after the phone was sold.
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“We got calls from everyone, but 99% of them didn’t have the same phone,” says Montero. However, Green had the right phone and so it was put up for auction. The auction started today and will end on the 19th of next February.