An original 2001 iPod sold for $29,000

Auctions often sell old iPhones for insane amounts of money. The iPod, on the other hand, is quite rare. Nevertheless, recently an original iPod was sold for tens of thousands of dollars.

Here's What We Know

Investment platform Rally sold the first iPod model, which debuted in 2001, for $29,000. We'll note right away that this is not an auction: Rally has been selling shares of the lot for the past few years - for $5 per share with 5,000 shares available. And recently, a buyer offered to buy all the shares for $29,000. The existing shareholders voted in favour of the buyout and approved it, resulting in a new record for the value of an iPod.

By the way, in 2001 this player was bought for $399 (+tax). It came with an original Apple Store bag and case.

"The iPod was originally purchased for $399 + tax in December 2001 at Willowbrook Mall in Plano Texas, at an Apple Store that was actually opened just before the iPod release," Rally told iMore via email. "Its original owner received it as a Christmas gift, and the iPod was placed unopened on a closet shelf, where it sat for almost two decades.". Rally said.

Source: iMore