A factory-sealed original 4GB 2007 iPhone is going up for auction at LCG Auctions starting Friday at 5:00 p.m. EST, and it is expected to sell for as much as $100,000. While we’ve seen other original iPhones being sold in recent months, this is the first model 4GB model, the others have had 8GB of storage.
The iPhone was originally sold in two storage options, with either 4GB or 8GB of storage when it launched on June 29, 2007. The 8GB model proved to be much more popular, causing Apple to cease selling the 4GB model after just a few months of sales, replacing it with a higher 16GB storage model.
The 4GB original iPhone was only available for a limited amount of time and didn’t sell well, making it the rarest of the first-generation iPhone models. The 4GB model was sold for $499, while the 8GB version cost $599.
“Based upon our recent record-setting sales and the fact that the 4GB model is probably 20 times rarer than the 8GB version, we would not be surprised if it establishes a new record sale price,” said LCG Auctions founder Mark Montero.
The person auctioning off the iPhone was part of the original iPhone engineering team, says LCG Auctions, and it comes with a letter of provenance.
A first-generation NOS iPhone still sealed in its box went for $54,904 at auction in March. In April, a factory-sealed “Golden Ticket” first-generation 8GB iPhone with a unique sticker sold for $40,320 at auction.
LCG Auctions is also auctioning off an 8GB original iPhone and a 16GB original iPhone. Both iPhones are factory sealed. The auctions begin on June 30 and will run through July 16.