A few months ago we told you, you’ll remember, that the first generation iPhone from 2007 was put up for auction and that the maximum bid rose to $39,339, more than a reasonable and adjusted figure or an absolute and unjustifiable nonsense, as we want to see it, something that depends mainly on our vision of the world. In that report, my colleague Isidro correctly stated, in my opinion, that in many cases these purchases are made as investments, because the buyer believes that his purchase will appreciate over time.

This is, in truth, risky, because just as their predictions can be confirmed, many circumstances can arise that cause the exact opposite, ie. will cause a huge drop in price, at least in the short and medium term. From the global economic downturn to the discovery of a missing warehouse of several thousand brand new, unopened 2007 iPhones, a hit can come anytime, anywhere, any way.

In other words, acquiring a device of this type It is only a safe investment if we are doing it from a collecting point of viewIn other words, because the personal satisfaction it gives us to have an object, in this case an unlocked first-generation iPhone, makes us feel compensated for the financial investment we had to make to complete the purchase. In the remaining cases, perhaps not with the same possibilities statistically speaking, but we will bet.

At the moment, however, it seems that this unique market is still in a bullish phase, because, as we can see on the website of the auction house LCG Auctions, An unlocked 2007 iPhone sold for a whopping $63,356.40 this weekend. As with the model auctioned in October of last year, we’re talking about an 8GB model (it seemed like a lot back then, remember?) and it hit the market at a suggested retail price of $599, so in this case the auction sale value exceeded the value of a hundred times the original sale price.

The history of this iPhone is also somewhat peculiar. Its current owner, Karen Green, received it as a gift from her friends more than fifteen years ago. However, she was a Verizon customer, but this first-generation iPhone only worked with AT&T’s cellular network, so the gift, still unopened, they ended up stored on the shelfwhere until the end of the last decade slept the sleep of the righteous.

At the time, in 2019, the first expert estimated its value at around $5,000, which is a tremendously conservative figure considering recent auctions of other first-generation iPhones. Now the big question is what will happen in future auctions, will its price continue to rise, or on the contrary has it already reached its peak and is it time to stagnate or decline? I asked all the AIs I know, but no one was able to give me an answer.

It is clear and indisputable that whether it is the oldest or the latest generation, hAfter all, getting an iPhone can cost a lot of money. And in Spain we cannot complain. Do you know that there are some countries in the world where its price is practically unaffordable for the vast majority of the population?