First-generation iPhone fetches record-breaking $190K at auction

A first-generation iPhone, factory-sealed and with 4GB of memory, sold for over $190,000 at an auction, marking the third unopened original iPhone to sell for a significant amount in the past year. The demand and prices for original iPhones have been increasing, with collectors seeking rare and iconic pieces from their past. The rarity of the 4GB model, which was discontinued early on, contributed to its high value. Collectors are drawn to recognizable items that were not initially intended as collectibles, making unopened versions even more desirable. The condition of being factory sealed is crucial for collectibles, significantly increasing their value.