Thursday will see the auction of an unopened iPhone from the first generation, manufactured in 2007, with an estimated value of $50,000.

The original iPhone offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, 4 GB and 8 GB storage options, internet connectivity, and iTunes for $599. It lacked an app store, ran on a 2G network, and was AT&T-exclusive.

According to her 2019 appearance on the daytime television programme “The Doctor & The Diva,” cosmetic tattoo artist Karen Green was gifted the 8 GB version and never opened it. At the time, an appraiser on the programme appraised the phone at $5,000.

In October, LCG Auctions sold another unopened iPhone of the same generation as Green’s for over $39,000. LCG Auctions is also auctioning off Green’s phone, with a starting bid of $2,500.

Green and LCG Auctions did not respond to CNN’s request for comment immediately.

The iPhone altered how billions of people around the globe communicate, make payments, perform their jobs, take photographs, and even wake up. It eliminated dozens of industries (camcorders, MP3 players, flip phones) and spawned numerous others.

In his 2007 keynote address at Apple’s annual Macworld expo, then-Apple CEO Steve Jobs declared, “Today, we’re going to make history.” Jobs referred to the new smartphone as a “revolutionary mobile phone” that will include an iPod, a phone, and something he termed a “Internet communicator.”

Jobs stated of mobile Web browsers, “It’s bad out there today.” Real Web browsing on a smartphone is a revolutionary development.

Apple enthusiasts have until February 19 to submit bids for the obsolete technology.

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