Buzz
A groundbreaking event shook the investment community as a first-gen iPod was auctioned for $29,000 (about 638 million VND) in early August through the alternative investment platform - Rally. When converted, this iPod's value matches that of a 2017 used Toyota Camry currently being offered for sale in Vietnam.
The inaugural Apple iPod just sold for $29,000 (approximately 638 million VND).Originally purchased as a Christmas gift in 2001, this iPod has a unique story. Bought at an Apple store in Plano, Texas, it was priced at $399 (around 8 million VND) at the time. Its uniqueness lies not only in its preserved packaging after almost 22 years but also in the story behind its acquisition.
Rob Petrozzo, Rally's co-founder, revealed: 'The iPod's owner had no use for it at the time. So, he simply placed it on a shelf and let time pass.' While rummaging through belongings, he accidentally rediscovered the iPod tucked away in an Apple bag. Truly a 'witness' to history and Apple's evolution.
The original ownership of the iPod was divided into 5,000 shares, each valued at $5.The buying and selling mission of this vintage iPod was orchestrated by Rally, a renowned platform that specializes in creating ownership-sharing opportunities for unique tech artifacts. The original ownership of the iPod was divided into 5,000 shares, each valued at $5, through a Limited Liability Company (LLC) established by Rally.
An unexpected outcome unfolded as a private collector acquired all 5,000 shares to ensure exclusive ownership of this unique 'vintage' iPod. This isn't the first time interest in Apple's classic products has surged. Recently, a sealed 2007 4GB iPhone, unveiled and sealed at the factory, unexpectedly sold for a record-breaking $200,000 at an LCG auction in Louisiana.
A private collector acquired all 5,000 shares to ensure exclusive ownership of the iPod.At the time of the iPhone's debut in 2007, there were only two ROM options: 4GB and 8GB. The 4GB ROM version was quickly phased out after a few months of release due to a lack of interest compared to the 8GB model. Larger storage versions, 8GB and 16GB, were subsequently introduced. The recent high selling price of a 4GB ROM iPhone indicates its increasing value over time.
Explore more: The world's first Formula E racing car made from an iPhone and... waste.Currently, a fully operational 1976 Apple-1 computer, complete with built-in monitor, power supply, storage box, and Steve Wozniak's original signature, is up for auction at Boston's PR auction. It is expected to fetch up to $200,000 (equivalent to over 4.6 billion VND) before the auction concludes on August 24.
In 2007, Apple introduced the iPhone 2G, featuring a 4GB ROM version.In the current context, bringing forth vintage Apple products like the first-generation iPod and the 1976 Apple-1 computer not only recalls the world's first tech gadgets but also connects and adds significant collecting value for enthusiasts of original vintage tech items decades after their debut.
