This sealed original iPhone just sold for more than a Tesla Model 3 at auction

The rumored iPhone 15 Ultra is expected to be Apple’s priciest phone so far, but even that flagship will be dwarfed by the price an unopened, original iPhone has just achieved at auction – a record $63,356 (around £52,635 / AU$91,630).

Before you go rummaging through your drawers, the key to that high price was that the auctioned iPhone was “factory sealed”, which means that even its cellophane wrapping is still intact. This is a big deal to collectors, which meant someone was willing to shell out the price of a Tesla Model 3 ($42,990 / £42,990 / AU$64,300) with enough spare to throw in a Subaru Impreza.