The original iPhone 1 (first generation) was originally priced at $499 for the 4GB model and $599 for the 8GB model when it was released in 2007. However, today, the value of the original iPhone 1 depends hugely on its condition and rarity. Unopened and factory-sealed original iPhone 1 units have sold at auction for extremely high prices. For example, a rare 4GB first-generation iPhone sold for a record $190,373 in 2023, which is almost 380 times its original price. Other auctions have seen unopened 8GB models fetch prices ranging from about $35,000 to over $63,000.
If the phone is used or not in original packaging, its value will be significantly lower. The auction prices reflect collector interest in the original iPhone as a landmark tech item. In summary, while the original retail price was around $499-$599, today's value for a pristine, unopened iPhone 1 can reach over $190,000 at auction depending on its specific version and condition.