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Evening Standard
Evening Standard
Technology
Alan Martin

First-generation Apple iPhone sells for more than £50,000 at auction

As a rule, the value of your smartphone goes in only one direction. A phone you spend the best part of a grand on today will almost certainly be worth a fraction of that in only a few months’ time.

But there are exceptions, as proved by a first-generation iPhone that sold for more than £50,000 at auction across the Atlantic.

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