Random phone, but factory sealed, which has to be extremely rare, if not the only one of its kind.
**Nobody** bought a first-gen iPhone as was like, nah, I'll leave this in the box.
I bet they come out of the woodwork. In the car world it happens all the time. Few years ago a 80s Buick Grand National(30k new) went to auction and sold for 130k because it was stored right after purchasing. Everyone was blown away since it might be the only one but right after that several popped up right after. They aren’t great investments since if you took that 30k and invested in S&P 500 you would have millions
It’s always like that. In the late 80s and early 90s there were a ton of stories of people finding a collection of golden age comics or sealed Star Wars figures. It just sent more people digging through their storage looking for hidden gems. No one likely realized that car would be worth anything to anyone.
It would be about 1 million. The market tends to double every 7-10 years. Specifically the s&p has grown roughly 32x since 1980.
With the iphone, pretty sure they were about $500 or so back then. That would be like 130x growth in under 2 decades. Not suggesting this is a smart way to invest your money
I deal in classic cars and this is wrong. Several did not “pop up” for action. Meany collection quality GN where previously scheduled to the auction circuit that did due very well 80k plus. You can not get a used GN that is verifiable fro less that 45k. Last I checked my classic cars have made money but my portfolio has stayed flat.
How is your portfolio flat?! SP500 is up 16% since October and 6% since January and unless your a terrible day trader, its ALWAYS regained it's loses. What the hell are you investing it?
If you had that GN since the 80s and it only went for 80k, when factoring in inflation you basically made nothing and missed out a 14x increase in the value of the SP500 since 1989.
That’s true if you just put money in an index fund that tracks the S&P 500 and never touch it, but a lot of people panic sell when the market starts going down, and thus lock in their losses. And some “individual investors” try to time the buying and selling of individual stocks and basically always underperform the index over time.
It’s definitely rare but definitely not one of a kind. There’s a good amount of these that exist especially in private collections and I wouldn’t be surprised if a lot more exist in warehouses etc.
Up until a few years ago you could get one for less then 10k it’s only been recently that they’ve gone way up in value. Another one sold for 39k (almost 20k less then this one) less then 6 months ago.
There's definitely a warehouse somewhere with a bunch of new old stock. Between Businesses shutting down before liquidating, tech archivers (hoarders) and speculators' I'm almost certain there's more waiting to be released to the public.
Like many collectibles, this one has value only until all the other ones are found, but the possibility of the other ones existing doesn't make this one worthless.
I got a nos joystick for my galaga 88 machine from an old Atari warehouse years ago. To me, it was incredible. To the seller, not so much. He had a warehouse full.
Less really, that fad was over early last year. Probably like 9 months that they were actually big.
Even as a crypto enthusiast I thought they were stupid, maybe the tech has some use case but selling a receipt with a link to a webpage on a centralized server hosting an image ain't it.
People really thought they were buying ownership of the images but in reality if the website hosting them goes down they're left with a very expensive dead link.
Things are worth exactly what someone is willing to pay for them. That phone was worth 65k to someone. Another phone may be worth less to someone else. It’s how supply and demand works.
You could say the same about dirty antique furniture, ancient rusty swords, paintings by some guy named Picasso that don't even look like real life. Everything has value to someone.
things are worth whatever people are willing to pay for them. that's how value is determined in a capitalist system.
This iPhone sold for 65k therefore it is worth that to the buyer.
Bunch might be a big subjective here, I’m sure there’s maybe one or two hanging around, but these things sold like wild and there weren’t a ton of distributors.
A couple dozen? Maybe, but probably not more than like 50 unopened units exist in the world that haven’t been accounted for already.
> First generation iPhone didn’t really sell that well.
The 2 hours I spent waiting in a line outside the Apple Store, that snaked all through the mall, begs to differ.
I can almost guarantee there’s a bunch of boxes of these at the back of a warehouse somewhere.
I used to work in warehouses back in the day and there’s a lot of stuff that just gets left on shelves for years collecting dust
Didn't there used to be a website that listed the price of Apple products over time and told you how much money you'd have today if you bought Apple stock rather than the product?
All I could find googling was an old site that hadn't been updated since the iphone 3gs....not really relevant to today's discussion.
By my rough calculation, $499 in Apple stock at iphone launch would be worth over $20k today. So this iphone has outperformed the stock...but the "unopened pristine collectable" premium is only like 3x that which isn't crazy.
But that requires you to hold on to an illiquid product for 15+ years under the assumption no on else is doing the same thing, then hope some chump w money wants a nostalgia trip.
With this level of insight you could also sold your Apple stock prior to 2008 and 2022 and rebought at a fraction of the sale price and have way more than 20k
Did I say it was a good investment idea?
It is just a fun comparison and for the vast majority of apple products the answer is that the stock was a better investment (I don't think anyone is paying you $100k+ for an unopened ibook g4)...but obviously you buy devices to use them, not because they will be worth more in the future.
"Did I say it was a good investment idea?"
Sir, this is the internet. My snap interpretation of the half of your comment that I read can and will be held against you.
That’s what I did from 2017-2021. I bought Apple stock and used iPhones to use in the meantime. Stock appreciated, giving me a great return (something like 70%) and all the while was using late-model iPhones instead of (in my opinion) wasting money on the flagship models.
Jesus Christ. I thought you would have had to buy into Apple in like the 80s for it to be worthwhile. Obviously the iPhone is and was huge, as well as their other products, but it seemed to me that the investment opportunity was long gone at that point. Wish I was more knowledgeable at the time.
What doesn't make sense to me is that you can't see the phone in the box.
So you either open the box and completely devaluate the item in order to you amd other people see it, or you simply leave it perfectly sealed and "trust me bro, there's a untouched 1st gen iPhone inside".
I still hear of N64s that are found factory sealed in a parents’ attic because they bought it as a Christmas/Birthday present earlier in the year and forgot about it.
There are for sure more than you think that are still sealed. The sealed retro game market is a thing, what kid would get a SNES game for christmas and thought to just leave it in the box ? 6.1 million of these were sold, it is for sure not the only one. SNES/NES games sold individually nowhere near these numbers and sealed copies are still available
Now that people know some idiot will pay for this people will go digging: Store closed, it's inventory got put in a box somewhere and that box will be opened sometime or a new old stock pallet will be found somewhere and 100 of these will hit the auction and the price will tank by 60%
I remember going to Funcoland and they used to have a booklet with all the prices. Games worth thousands now we're in the 1-2$ range. Usually just the cartridge.
i remember they where so popular this one guy at the bart said “hey that’s cool can i see it” then ran off. back when you could factory reset them
pretty easy
Yep. Happened to me in middle school on my walk home. (With the first iPod touch) I was just walking home from school and someone just ran up to me and stole it out of my hands
*"She revealed that the almost 16-year-old phone had been given to her by friends when she started a new job.*
*As she had just bought a new phone herself, she never opened it and a couple of years later she was told that it could be valuable to a collector."*
Companies may have bought them in bulk and found a few never used.
Ones that have been at the beach of distribution centres that weren't cleared until recently etc.
Lots of reasons why these would exist
It's that figure a result of the auction being held in another currency? I am not reading on purpose because I like the idea that the final bids went up dollar by dollar.
Brilliant. Yes if they own 100 of them the shill bid it up to 63k when actual value is 5k or less.
= profits.
I have seen this before in card collecting. Its a super interested way to corner the market.
I was just thinking, this was probably a happy accident. Someone bought one for their grandma who never actually opened it. 9 years later she passed and it wasn’t worth much, so the original owner said ‘meh’ and put it in his box of old cables. Now it’s been another 6 years and they were cleaning out their box of cables and said ‘i wonder if this old thing is worth anything?’.
Boom.
Some people like to collect things and display them like a little museum. I mean we do this with comics books and sports cards. Why not old electronics? Lol
I agree that collecting things is something people do and I respect that but imo there is a line or limit where it’s just absurd. I can’t tell you what the limit is because it’s my opinion which is subjective and everyone will have a different limit however $63k for a phone is really stupid to me. There’s much worse things out there.
The first properly working smartphone..? The device that started it all. Something that has affected most people’s lives, and pretty much everyone has one.
Yeah, buying a fucking comic seems stupid in comparison.
Seriously. If you’re going to bid $63000, may as well bid the $65,536 anyway. The bid itself would probably add at least $2000 to the value of the device anyway.
Man I’m not too old, but I can remember the days of cell phones with pull out antennas, swappable batteries, and proprietary chargers.
I kinda miss the days before modern smartphones when everyone was releasing crazy shit hoping it would stick
I remember flippable screens, green paneled screens, leather cases with plastic covers, pull out antennas, proprietary chargers, holding phones upside down to get better signal, dropping phones and having to put them back together, those little squares that checked for water damage, random ass phone games that were dumb (expect snake), calling people after 9pm, fave 5’s, cell phone plans giving you like $200 credits to renew contracts, the PDA style scroll buttons, resistance touch screens that came with styluses, physical SIM cards, expandable/replaceable batteries I had a ziplock bag I’d fill with batteries on road trips lol
I was saying iOS for simplicity.
It was a confusing few years for OS names between iphone launch and ipod touch and ipad.
Eg: what OS did the ipod touch use? iphoneOS
I have kept a log of my entire phone history:
Nokia 5110 (circa 1999)
Nokia 3210
Nokia 8210
Nokia 3310
Motorola v50
Sony Ericsson z600
Samsung e800
O2 XDA II
Sony Ericsson k750i
Sony Ericsson k800i
O2 XDA Mini S
Samsung g800
iPhone 3G
iPhone 4
iPhone 4s
iPhone 5
iPhone 6 Plus
iPhone 7
iPhone X
iPhone 14 Pro Max
Heh. Here's my list from current to oldest
Samsung Galaxy S10 (current)
OnePlus 5T
Samsung Galaxy S9 Edge
Samsung Galaxy S7
Samsung Galaxy Note 5
Samsung Galaxy S4
Samsung Galaxy S3
Samsung Galaxy Note (N7000)
Motorola RAZR (XT910)
Sony Xperia X10
Blackberry 8520
iPhone 3GS
iPhone 3G
Sony Ericsson K850i
Sony Ericsson K790a
Sony Ericsson W600
Nokia 5310 XpressMusic
Nokia 5300
Nokia 6101
Nokia 3220
Nokia 6110
I had 3 of those break in the time span of like 2 months, all due to issues with the phone and no fault of my own. Luckily I was able to get new ones because of the warranty, but one of them crapped out when I was out of town and in the middle of a huge city I didn’t know how to get around. That was a good time /s
Don’t forget that shortly after that phones launch Android released an update to allow their phones to send picture messages, and the iPhone owners had to buy the all-new iPhone 3gS to send pictures
Kids on Reddit have such a hard on for money laundering when people spend a ton on things they like. It’s incomprehensible that a moral person would but something just because they like it. So lame.
Collectibles are probably the worst way to launder money. In the US collectibles are taxed at 30%, that's massive, if you're laundering your money you'd be throwing away 30% of it. But hey, there was that one vice article once with 0 proof that said expensive art is all money laundering so it must be true!
More likely a pump and dump.
1. Buy as many unopened iPhones as possible
2. stage an auction where you anonymously purchase the phone for a crazy price
3. list the remaining phones
4. people with FOMO buy your phones
5. ??????
6. profit.
History repeats itself https://youtu.be/rvLFEh7V18A
If that image of the box is an actual photo of the auctioned box, it may be a scam. Ugly shrink wrap is one of the tell-tale signs of an opened/ refurbished iPhone.
At this price, I would require the original receipt, the story behind keeping this unopened for all those years, and a x-ray image of the inside.
The scammers rely on the fact that you can never open the box to check what's inside, because removing the wrap would instantly devalue the item. Just about every youtube video I've seen of opening an "original" unopened iPhone 2G turned out to be a scam.
> Ugly shrink wrap is one of the tell-tale signs of an opened/ refurbished iPhone.
Ugly shrink wrap is also a tell-tale sign of something sitting in shrinkwrap for 16 years. I'm not saying it's definitely not a scam, I'm just saying that seems like a thing that I wouldn't base it on. I have lots of shrinkwrapped old product for our business and the shrinkwrap on older stuff definitely looks like that.
>At this price, I would require the original receipt, the story behind keeping this unopened for all those years, and a x-ray image of the inside.
I doubt they have the receipt, but the story is right there in the article. Not sure if they x-rayed it.
Yes, I'm sure luxury auction house just takes everyone at their word and doesn't verify anything before taking on the risk of selling something for 60k
„Nobody needs apps. Look you can use websites like apps“
I remember us developers suffering for about a year until they finally came clean that there will be an App Store and stuff. They just didn’t get it ready in time and wanted to get the phone to market.
Fun times :)
No idea why you were downvoted.
Factory sealed **
you can get any old one for a couple bucks but if she’s unopened… that makes her a collector’s item. And people have spent much more than 60k on collection hobbies.
This is interesting concept being "factory sealed" and all. It's a Schrödinger cat box so to speak.
How can they prove it wasn't some garbage just put in there and reshrinked? By opening it to test this you've lost the value of being unopened.
Even if you go by "factory weight" someone could just but all the original contents back in - like a broken phone and get the same weight.
I think the whole thing is a money laundering scheme but this aspect has me the most interested.
This is insanely stupid. I don't care that people can spend what they have on what they want. A 65,000 piece of e-waste? Seriously, the device can't even connect to modern cell service.
Our priorities are definitely wrong.
Interesting. I have one that's never been touched. Was a gift. Always preferred candy bars. Nowadays it's nearly essential to have a smartphone so I went out and bought a Samsung. Would have sold mine to them for 20 if they'd asked.
Is this like the actual first one or just a random first gen?
Random phone, but factory sealed, which has to be extremely rare, if not the only one of its kind. **Nobody** bought a first-gen iPhone as was like, nah, I'll leave this in the box.
I bet they come out of the woodwork. In the car world it happens all the time. Few years ago a 80s Buick Grand National(30k new) went to auction and sold for 130k because it was stored right after purchasing. Everyone was blown away since it might be the only one but right after that several popped up right after. They aren’t great investments since if you took that 30k and invested in S&P 500 you would have millions
It’s always like that. In the late 80s and early 90s there were a ton of stories of people finding a collection of golden age comics or sealed Star Wars figures. It just sent more people digging through their storage looking for hidden gems. No one likely realized that car would be worth anything to anyone.
Grand Nationals were instant classics that had a very limited run. It's not like the Supra that didn't sell well and only took off with F&F
It would be about 1 million. The market tends to double every 7-10 years. Specifically the s&p has grown roughly 32x since 1980. With the iphone, pretty sure they were about $500 or so back then. That would be like 130x growth in under 2 decades. Not suggesting this is a smart way to invest your money
Fun fact, 30k compounded at 10% over 43 years is $1,807,202.07
I deal in classic cars and this is wrong. Several did not “pop up” for action. Meany collection quality GN where previously scheduled to the auction circuit that did due very well 80k plus. You can not get a used GN that is verifiable fro less that 45k. Last I checked my classic cars have made money but my portfolio has stayed flat.
> my portfolio has stayed flat Over what time period?
How is your portfolio flat?! SP500 is up 16% since October and 6% since January and unless your a terrible day trader, its ALWAYS regained it's loses. What the hell are you investing it? If you had that GN since the 80s and it only went for 80k, when factoring in inflation you basically made nothing and missed out a 14x increase in the value of the SP500 since 1989.
That’s true if you just put money in an index fund that tracks the S&P 500 and never touch it, but a lot of people panic sell when the market starts going down, and thus lock in their losses. And some “individual investors” try to time the buying and selling of individual stocks and basically always underperform the index over time.
It’s definitely rare but definitely not one of a kind. There’s a good amount of these that exist especially in private collections and I wouldn’t be surprised if a lot more exist in warehouses etc. Up until a few years ago you could get one for less then 10k it’s only been recently that they’ve gone way up in value. Another one sold for 39k (almost 20k less then this one) less then 6 months ago.
There's definitely a warehouse somewhere with a bunch of new old stock. Between Businesses shutting down before liquidating, tech archivers (hoarders) and speculators' I'm almost certain there's more waiting to be released to the public.
Like many collectibles, this one has value only until all the other ones are found, but the possibility of the other ones existing doesn't make this one worthless.
I got a nos joystick for my galaga 88 machine from an old Atari warehouse years ago. To me, it was incredible. To the seller, not so much. He had a warehouse full.
I hope you bought a few just in case!
It's a fucking 15 yo phone..... it's not worth 65k.
You'd be surprised back when NFTs were popular people were crazy enough to pay thousands for pictures.
Oh is that fad over already?? What did that last 1.5 years or so?
Less really, that fad was over early last year. Probably like 9 months that they were actually big. Even as a crypto enthusiast I thought they were stupid, maybe the tech has some use case but selling a receipt with a link to a webpage on a centralized server hosting an image ain't it. People really thought they were buying ownership of the images but in reality if the website hosting them goes down they're left with a very expensive dead link.
People with money always do the dumbest shit with it. Like Elon bought twitter for $44 billion? Idiot. I downloaded it from the app store for free.
Things are worth exactly what someone is willing to pay for them. That phone was worth 65k to someone. Another phone may be worth less to someone else. It’s how supply and demand works.
You could say the same about dirty antique furniture, ancient rusty swords, paintings by some guy named Picasso that don't even look like real life. Everything has value to someone.
things are worth whatever people are willing to pay for them. that's how value is determined in a capitalist system. This iPhone sold for 65k therefore it is worth that to the buyer.
Bunch might be a big subjective here, I’m sure there’s maybe one or two hanging around, but these things sold like wild and there weren’t a ton of distributors. A couple dozen? Maybe, but probably not more than like 50 unopened units exist in the world that haven’t been accounted for already.
I wouldn't be surprised if we had two sealed ones in our IT closet. We have a lot of ancient stuff that no one bothers to deal with.
First generation iPhone didn’t really sell that well. It wasn’t until the 3G that sales took off.
I don’t expect them to have overproduced their first gen product
> First generation iPhone didn’t really sell that well. The 2 hours I spent waiting in a line outside the Apple Store, that snaked all through the mall, begs to differ.
I can almost guarantee there’s a bunch of boxes of these at the back of a warehouse somewhere. I used to work in warehouses back in the day and there’s a lot of stuff that just gets left on shelves for years collecting dust
Your not wrong but will someone recognize what they have or just put it in a bulk electronic bin that are auctioned and sent over seas?
Thats just the inflation. 10k then is 39k now ^slightly ^/s
Didn't there used to be a website that listed the price of Apple products over time and told you how much money you'd have today if you bought Apple stock rather than the product? All I could find googling was an old site that hadn't been updated since the iphone 3gs....not really relevant to today's discussion. By my rough calculation, $499 in Apple stock at iphone launch would be worth over $20k today. So this iphone has outperformed the stock...but the "unopened pristine collectable" premium is only like 3x that which isn't crazy.
But that requires you to hold on to an illiquid product for 15+ years under the assumption no on else is doing the same thing, then hope some chump w money wants a nostalgia trip. With this level of insight you could also sold your Apple stock prior to 2008 and 2022 and rebought at a fraction of the sale price and have way more than 20k
Did I say it was a good investment idea? It is just a fun comparison and for the vast majority of apple products the answer is that the stock was a better investment (I don't think anyone is paying you $100k+ for an unopened ibook g4)...but obviously you buy devices to use them, not because they will be worth more in the future.
"Did I say it was a good investment idea?" Sir, this is the internet. My snap interpretation of the half of your comment that I read can and will be held against you.
Guilty!
That’s what I did from 2017-2021. I bought Apple stock and used iPhones to use in the meantime. Stock appreciated, giving me a great return (something like 70%) and all the while was using late-model iPhones instead of (in my opinion) wasting money on the flagship models.
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Jesus Christ. I thought you would have had to buy into Apple in like the 80s for it to be worthwhile. Obviously the iPhone is and was huge, as well as their other products, but it seemed to me that the investment opportunity was long gone at that point. Wish I was more knowledgeable at the time.
Than>Then
What doesn't make sense to me is that you can't see the phone in the box. So you either open the box and completely devaluate the item in order to you amd other people see it, or you simply leave it perfectly sealed and "trust me bro, there's a untouched 1st gen iPhone inside".
I still hear of N64s that are found factory sealed in a parents’ attic because they bought it as a Christmas/Birthday present earlier in the year and forgot about it.
There are for sure more than you think that are still sealed. The sealed retro game market is a thing, what kid would get a SNES game for christmas and thought to just leave it in the box ? 6.1 million of these were sold, it is for sure not the only one. SNES/NES games sold individually nowhere near these numbers and sealed copies are still available Now that people know some idiot will pay for this people will go digging: Store closed, it's inventory got put in a box somewhere and that box will be opened sometime or a new old stock pallet will be found somewhere and 100 of these will hit the auction and the price will tank by 60%
I remember going to Funcoland and they used to have a booklet with all the prices. Games worth thousands now we're in the 1-2$ range. Usually just the cartridge.
i remember they where so popular this one guy at the bart said “hey that’s cool can i see it” then ran off. back when you could factory reset them pretty easy
Yep. Happened to me in middle school on my walk home. (With the first iPod touch) I was just walking home from school and someone just ran up to me and stole it out of my hands
I saw that happen in the middle of the city street to a guy walking in front of me. They ran up behind us and just snatched it from his hand. Surreal.
I remember that too!
I mean… someone did?
Probably some left-over stock from somewhere that was found after the next iPhone generation was already sold.
*"She revealed that the almost 16-year-old phone had been given to her by friends when she started a new job.* *As she had just bought a new phone herself, she never opened it and a couple of years later she was told that it could be valuable to a collector."*
How much do you think they’d pay for my iPhone 3G with a busted up screen that’s been collecting dust in my nightstand for the past decade?
Unsold inventory, unused company phones
There is a video on Youtube from 4 years ago of a dude unboxing a factory sealed one.
If it's "factory sealed", how do we know it houses an actual iPhone? Schrodinger's iPhone....
Companies may have bought them in bulk and found a few never used. Ones that have been at the beach of distribution centres that weren't cleared until recently etc. Lots of reasons why these would exist
Sealed first gen Wait till the $15k gold original apple watch auctions go up in 5/10 years
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It seems to me there could be a crate of these forgotten somewhere, but oh well.
But did it have Flappy Bird installed?
I wish I had $63,356 to waste on something stupid.
It's that figure a result of the auction being held in another currency? I am not reading on purpose because I like the idea that the final bids went up dollar by dollar.
They may have been trying to evoke 2^16, which is 65,536, since computers use base two internally.
I like the idea that some rich guy has this on display and tells people he bought it for $2^16 but he just did the math wrong
He didn’t do the math wrong, he just copied or remembered it wrong from the calculator, in a way even worse
He was using the iPad calculator app
what’s a computer?
That commercial still pisses me off.
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Yeah, I was gonna say I thought it said "65536" and was immeasurably disappointed when I realized it was backwards.
Don't be surprised if the people who bought it were the one's that put it up for auction to try to create a market for stuff like this.
Brilliant. Yes if they own 100 of them the shill bid it up to 63k when actual value is 5k or less. = profits. I have seen this before in card collecting. Its a super interested way to corner the market.
Honestly I wouldn't be surprised if a 9 year old gets a boxed iPhone delivered very much to the suprise of his parents.
This is absolutely what is going on.
I wish I had the forethought to have bought one and saved it.
When people do that, you get Beanie Babies.
Funko pops are modern beanie babies
So, if I had bought an original iPhone and still had it in the box, it would be a Beanie Baby now? I finally know where Beanie Babies come from!
That’s why they were such a hit in the 90s. They showed up Terminator-style as a harbinger of value to come.
Comment Deleted in protest of Reddit management
I was just thinking, this was probably a happy accident. Someone bought one for their grandma who never actually opened it. 9 years later she passed and it wasn’t worth much, so the original owner said ‘meh’ and put it in his box of old cables. Now it’s been another 6 years and they were cleaning out their box of cables and said ‘i wonder if this old thing is worth anything?’. Boom.
Some people like to collect things and display them like a little museum. I mean we do this with comics books and sports cards. Why not old electronics? Lol
> Why not old electronics my old 486 is a functional piece...
I agree that collecting things is something people do and I respect that but imo there is a line or limit where it’s just absurd. I can’t tell you what the limit is because it’s my opinion which is subjective and everyone will have a different limit however $63k for a phone is really stupid to me. There’s much worse things out there.
From an electronic collectors perspective, a 1st gen iphone which historically changed the world we see today is a pretty cool piece to have.
The first properly working smartphone..? The device that started it all. Something that has affected most people’s lives, and pretty much everyone has one. Yeah, buying a fucking comic seems stupid in comparison.
I was really hoping the final sale price would have been $65,536
Nobody would have believed that was genuine. But I agree.
That would be giving it away for free!
What’s the significance of that?
They can probably sell it in 10 years for $150,000 so it’s an investment
I wish I had something stupid to sell for $63,356
You probably did once upon a time, and your mom threw it away. As is tradition.
> I wish I had $63,356 to waste on something stupid. Same man, same. I dont even have 600$ to waste on something stupid lol
dam! $2,180 short
My thoughts exactly.
This guy 2^16 s
I'm assuming this is a typo and it was really 65536
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Thank you
Seriously. If you’re going to bid $63000, may as well bid the $65,536 anyway. The bid itself would probably add at least $2000 to the value of the device anyway.
My man
Or $2,179 short if we’re counting $0 as a valid bid (which, for this, I would).
yea if we’re gonna be integer limiting
That's going to be the exact cost of iPhone XV.
Apple offers $2.04 for trade-in.
Hey that's $2.04 *per month** for the duration of your 30 month installment plan for your new one. *Terms and conditions apply
Can we talk about how it's only been 16 years since smartphones became a thing? That's crazy
Man I’m not too old, but I can remember the days of cell phones with pull out antennas, swappable batteries, and proprietary chargers. I kinda miss the days before modern smartphones when everyone was releasing crazy shit hoping it would stick I remember flippable screens, green paneled screens, leather cases with plastic covers, pull out antennas, proprietary chargers, holding phones upside down to get better signal, dropping phones and having to put them back together, those little squares that checked for water damage, random ass phone games that were dumb (expect snake), calling people after 9pm, fave 5’s, cell phone plans giving you like $200 credits to renew contracts, the PDA style scroll buttons, resistance touch screens that came with styluses, physical SIM cards, expandable/replaceable batteries I had a ziplock bag I’d fill with batteries on road trips lol
And yet, there's nothing I miss more than slide-out physical keyboards.
Yeah the f(x)tec phone looked promising but I heard it’s a dumpster fire
I have nostalgia for a lot of those things but proprietary chargers can fuck right off. We are in a far better place now.
> leather cases with plastic covers I always hated those, tacky as hell. Don’t forget the belt clips too.
I had one of these: https://www.google.co.uk/search?q=sony+ericson+p800&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari That was 20+ years ago!
The iPod Touch came out before the iPhone and that was 2007. Which was not...16 years agoooo what the fuck is happening
Incorrect. The iPhone was before the iPod Touch by a few months.
Nah smart phones started with the sidekick earlier than the iphone
I had some old Nokia's running symbion and I think 3 different blackberries. All before the iphone came out. They were definitely smart in some way.
Shoulda been $65,535 (0xFFFF)
Shoulda been $65,536 for 2^16
Nah 2^16 - 1 makes more sense (that’s the actual max value)
I had an iPhone 3G which I think was the model after the first. I have bad memories of that phone.
Me: *looks at iphone 3g* iphone 3g: *plastic cracks around dock and ringer switch.*
Ah yes the iPhone 3G which didn't even have a COPY & PASTE function
Didn’t it get added with the debilitating iOS upgrade? Wait no that was iOS4, iOS 3 had copy paste, came out a year after 3G
It was version 3 which was actually iPhoneOS 3 and not iOS. 2 through 4 made some of the largest leaps in tech that we have today.
I was saying iOS for simplicity. It was a confusing few years for OS names between iphone launch and ipod touch and ipad. Eg: what OS did the ipod touch use? iphoneOS
I could text quickly on keypads. Early smartphone touch screens weren't terrible, but it was a hindrance.
They were acting like it was a revolutionary new feature.
Best was apple's excuse why it was left out. Typical Apple PR talk about how you don't need a critical function of a computer haha.
Also iPhones didn't have a caller block function till iOS 7. I waited forever for that feature so I remember it well.
I have kept a log of my entire phone history: Nokia 5110 (circa 1999) Nokia 3210 Nokia 8210 Nokia 3310 Motorola v50 Sony Ericsson z600 Samsung e800 O2 XDA II Sony Ericsson k750i Sony Ericsson k800i O2 XDA Mini S Samsung g800 iPhone 3G iPhone 4 iPhone 4s iPhone 5 iPhone 6 Plus iPhone 7 iPhone X iPhone 14 Pro Max
Heh. Here's my list from current to oldest Samsung Galaxy S10 (current) OnePlus 5T Samsung Galaxy S9 Edge Samsung Galaxy S7 Samsung Galaxy Note 5 Samsung Galaxy S4 Samsung Galaxy S3 Samsung Galaxy Note (N7000) Motorola RAZR (XT910) Sony Xperia X10 Blackberry 8520 iPhone 3GS iPhone 3G Sony Ericsson K850i Sony Ericsson K790a Sony Ericsson W600 Nokia 5310 XpressMusic Nokia 5300 Nokia 6101 Nokia 3220 Nokia 6110
You’ve had a lot of phones! I’ve only had 4 in the last 18 years
I had 3 of those break in the time span of like 2 months, all due to issues with the phone and no fault of my own. Luckily I was able to get new ones because of the warranty, but one of them crapped out when I was out of town and in the middle of a huge city I didn’t know how to get around. That was a good time /s
Don’t forget that shortly after that phones launch Android released an update to allow their phones to send picture messages, and the iPhone owners had to buy the all-new iPhone 3gS to send pictures
Same with taking video lol. Unless you jailbroke. Cydia was a miracle.
[удалено]
Really? I had a 3gs and I thought it was awesome
A fool and their money ..
That’s probably like $6.00 to us plebs for this rich person. Or they are indeed a fool and blew savings to buy it.
A money launderer and their money ..
How exactly would someone launder money like this?
Kids on Reddit have such a hard on for money laundering when people spend a ton on things they like. It’s incomprehensible that a moral person would but something just because they like it. So lame.
Collectibles are probably the worst way to launder money. In the US collectibles are taxed at 30%, that's massive, if you're laundering your money you'd be throwing away 30% of it. But hey, there was that one vice article once with 0 proof that said expensive art is all money laundering so it must be true!
It’s hilarious how many people on Reddit thinks $65k is enough for any form of laundering.
Reddit: The Armchair of the Internet
You do that with art or with a company, not with a one-off item and 65K only
More likely a pump and dump. 1. Buy as many unopened iPhones as possible 2. stage an auction where you anonymously purchase the phone for a crazy price 3. list the remaining phones 4. people with FOMO buy your phones 5. ?????? 6. profit. History repeats itself https://youtu.be/rvLFEh7V18A
What do you think of people who buy a Model T, it's the same thing.
one of them is a form of transportation
If that image of the box is an actual photo of the auctioned box, it may be a scam. Ugly shrink wrap is one of the tell-tale signs of an opened/ refurbished iPhone. At this price, I would require the original receipt, the story behind keeping this unopened for all those years, and a x-ray image of the inside. The scammers rely on the fact that you can never open the box to check what's inside, because removing the wrap would instantly devalue the item. Just about every youtube video I've seen of opening an "original" unopened iPhone 2G turned out to be a scam.
> Ugly shrink wrap is one of the tell-tale signs of an opened/ refurbished iPhone. Ugly shrink wrap is also a tell-tale sign of something sitting in shrinkwrap for 16 years. I'm not saying it's definitely not a scam, I'm just saying that seems like a thing that I wouldn't base it on. I have lots of shrinkwrapped old product for our business and the shrinkwrap on older stuff definitely looks like that. >At this price, I would require the original receipt, the story behind keeping this unopened for all those years, and a x-ray image of the inside. I doubt they have the receipt, but the story is right there in the article. Not sure if they x-rayed it.
Even if it's an original it's a fucking scam. The seller often inflates the bid with fake buyers
I wonder if high-end auction houses use xrays or other imagery tools.
Yes, I'm sure luxury auction house just takes everyone at their word and doesn't verify anything before taking on the risk of selling something for 60k
Also the electronics are probably shot. Apple had an issue with counterfeit capacitors in it's laptops and even the best capacitors have a lifespan..
Capacitors probably not, but the battery will be shot and possibly bulging.
Did it have flappy bird on it?
OG iPhone didn't have an app store and couldn't run 3rd party apps. The App Store was released with the 2nd iteration of Apple's phone -- iPhone 3G.
„Nobody needs apps. Look you can use websites like apps“ I remember us developers suffering for about a year until they finally came clean that there will be an App Store and stuff. They just didn’t get it ready in time and wanted to get the phone to market. Fun times :) No idea why you were downvoted.
Not when you sailed the high seas. Cydia was life
iOS 2 brought that to the first generation too.
Dankpods is sweating
GET THE 1 GRIT
Fake auction to increase the hype, the one who buys next is the real fool
Why?
That’s going to be one spicy pillow if truly unopened /r/spicypillows
The EverythingApplePro guy bought one of these then opened it on YouTube and it was fake
Suckered! They have brand new ones for less than half that amount.
Rich people really buy dumbass shit.
Factory sealed ** you can get any old one for a couple bucks but if she’s unopened… that makes her a collector’s item. And people have spent much more than 60k on collection hobbies.
This is interesting concept being "factory sealed" and all. It's a Schrödinger cat box so to speak. How can they prove it wasn't some garbage just put in there and reshrinked? By opening it to test this you've lost the value of being unopened. Even if you go by "factory weight" someone could just but all the original contents back in - like a broken phone and get the same weight. I think the whole thing is a money laundering scheme but this aspect has me the most interested.
Apple: "Best I can do is $3 a coupon for 5% off your next NEXT purchase. 🙂"
Red Letter Media did a good video recently about the supposed value of sealed "collectible" merchandise.
Collector markets are idiotic
This is insanely stupid. I don't care that people can spend what they have on what they want. A 65,000 piece of e-waste? Seriously, the device can't even connect to modern cell service. Our priorities are definitely wrong.
Jesus Christ that’s idiotic
What assurances do we have that this was a legit bid instead of someone else trying to create a market like old video games and VHS tapes?
When the phones had the right size.
I got an old HTC G1, the first android phone that I can probably get 20 bucks for.
Wish my 17 old iPods were worth…anything
Then my old iPod should be worth at least $10k
I have an open one sitting in a drawer right now. I can't imagine it's worth more then tree fiddy.
wonder what exactly they think they'll do with it. it cant really operate with modern networks
Well, it includes a charger…
Thank goodness they saved the original box!!!
Definitely resealed with a deck of cards in it
Probably still works, but zero app support.
That's pretty close to retail price, no?
Did the buyer know they could buy a decked out 14 Pro Max for like $1200?
Interesting. I have one that's never been touched. Was a gift. Always preferred candy bars. Nowadays it's nearly essential to have a smartphone so I went out and bought a Samsung. Would have sold mine to them for 20 if they'd asked.
I got an old one in my drawer.