The auction listing states that the 4GB model, originally purchased for $599, is still in its factory packaging and in outstanding condition.
Auctioneer LCG Auctions described the device as “a popular, high-quality collectible” and “extremely rare”.
The auction received a total of 28 bids after the initial bid of $10,000.
LCG Auctions sells another first-gen iPhone for $63,356 in February
Wright Auctions sold a first-generation iPhone for $40,320 in March.
The iPhone quickly became Apple’s most successful product after its release and was named the 2007 invention of the year by Time magazine.
The 4GB model was discontinued shortly after launch due to delayed overall sales and the launch of an 8GB model.