A first generation iPhone is expected to fetch US$50,000 at auction

The first iPhone was originally on sale for US$599 (RM2,576) in 2007 and offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4GB and 8GB storage options, internet capabilities and iTunes. — LCG Auctions

A tech relic from the past has risen from the dead and has the potential to rake in some serious bank.

An unopened first-generation iPhone from 2007 hit the auction block last Thursday – with an estimated value of US$50,000 (RM215,000), according to reports from CNN and CBS News.