The first-generation iPod sold at a record price
Apple's every kind of product is known to retain its value. However, some old models exist that astonish with their prices.
Enthusiasts' fascination with classic Apple products continues unabated, as exemplified by the recent sale of an original, unopened first-generation iPod. Following last month's record-breaking auction of an unopened 4GB first-generation iPhone, this event further confirms that vintage Apple devices have enduring value, even nearly two decades after their release.
The first-generation iPod, unveiled in 2001 by the late Steve Jobs, revolutionized portable music with its sleek design and became a must-have gadget for music aficionados. This pioneering device was originally priced at $399.
The vintage iPod was sold via Rally, a marketplace that allows enthusiasts to purchase shares in rare collectibles. Initially, it was offered for sale in 2021 as 5,000 shares, each priced at $5. Later, a buyout proposal valued the iPod at $29,000, a dramatic increase over its original retail price. According to Rally, nearly 62% of shareholders approved the buyout, leading to a successful sale.
The first-generation iPod sold at a record price
The identity of the buyer of this first-generation iPod remains undisclosed. The device was bought by Fred and Betty Goodwin as a Christmas gift and remained untouched for two decades. The collectible iPod, in its original packaging, is accompanied by an iPod sleeve and the original blue Apple Store bag.
In conclusion, the launch of the iPod, marketed as a groundbreaking music device that could put "1,000 songs in your pocket," marked a significant moment in the history of portable music. The recent sale of an untouched first-generation iPod serves as a testament to the enduring value and influence of this iconic Apple product.