A sealed first-generation iPhone model auctioned for around Rs 52 lakh

A sealed first-generation iPhone has been sold for a staggering  $63,356.40 at an auction, almost 16 years after its initial release. The device, owned by tattoo artist Karen Green, was expected to fetch around $50,000 but ended up selling for almost 16 times the original pricing of $599 after 27 bids. The phone's 8GB storage and factory-sealed status make it highly desirable for collectors and investors. The first-generation iPhone, or iPhone 2G, came with either 4GB, 8GB, or 16GB of storage.  

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