An original, sealed 4GB iPhone just sold at auction for $190,372.80, more than 381 times its original price of $499. That's also three times the price of the next-highest sale of an original iPhone: a sealed first-edition 8GB iPhone that fetched $63,356 in February of this year.

This iPhone, sold on July 16 by LCG Auctions, likely fetched a premium thanks to two factors. The first is the rarity of the item itself; the auction house notes that the relatively minor price difference between the original 4GB iPhone ($499) and 8GB iPhone ($599) models meant more people opted for the doubled storage space.

The 4GB model was discontinued on September 5th, 2007, about two months after its June 29th release, making it a rarer find.

The second factor that likely contributed to the item's eye-watering price is the unique origin story of thisparticular phone. "The consignor was part of the original engineering team at Apple when the iPhone first launched," LCG Auctions notes.

• ·[Graphic News] Average book price nears 20,000 won
• ·Whistleblower Frances Haugen to brief the Facebook Oversight Board
• ·狠抓细节 确保创建万无一失
• ·5 iPhone apps for enhancing your old blurry photos with AI
• ·We Asked GPT Some Tech Questions, Can You Tell Which Answers Are Human?
• ·Ronaldo not invited to Ramos' galactico wedding
• ·Arctic cold wave to ease off Sunday
• ·Tesla is the sore loser of a $137 million racism lawsuit
• ·LG Display starts production of advanced OLED displays for gaming
• ·30多家中央省市媒体聚焦我市旅游文化活动集中推介会
• ·North Korea delays nuclear test due to pressure from China, fear of backlash: experts
• ·“荔”经千年出精品，茂南蓄“荔”赋能“百千万工程”
• ·Expanded police surveillance will get us “broken windows” on steroids.
• ·疏附县优质农特产品“跃”入大湾区
• ·5 iPhone apps for enhancing your old blurry photos with AI
• ·爱健康：全程可溯正宗清远鸡，从田间“飞”到餐桌丨广东农企品牌价值50强评选企业巡礼