Apple iPhone 1st-Gen model auctioned for a record-breaking $63,356
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A first-generation iPhone has sold for a record-breaking price of $63,356 (approx Rs 52,00,000) at an auction, the highest sale ever recorded for an original 2007 iPhone. On Sunday evening, an iPhone, still factory sealed, sold for $52,797 at LCG Auctions (a premier auction house in the US) with a 20 per cent buyer's premium fee bringing the total sale to over $60,000, according to iMore.