This $599 iPhone just sold for nearly $40,000

We’re used to Apple’s products holding their value for longer than other devices, but it’s not often that one appreciates in value by 5,000 percent. But that’s exactly what happened here: An unopened original iPhone from 2007 sold at LCG Auctions for a cool $39,339. 60, roughly 50 times its original $599 MSRP.

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