I'm a serious buyer. If I see a product I need, I will buy it. As long as I see the price is fit from my perspective. I bought a sealed U2 iPod for $600, so I figure $650 is a reasonable price for this iPod. As for the sealed 1st gen ipod, I'm willing to negotiate up to a certain point.
Given your impressive collection, I believe you are indeed a serious buyer.
The $1,400 you proposed is only for a 1G with the box opened and only the iPod itself sealed, right? Technically, I do not consider that a "sealed" iPod. Factory sealed means that the entire box must be sealed, exactly how one would find it at the retail store shelf - brand new, untouched...
Now, I wonder how much would you pay for a completely sealed 1G (if you could find one)? Your price quote above reminds of the saying that collectibles are only worth what the next collector is willing to pay.
I don't know how many truly factory-sealed 1Gs there are in the world, but I suspect that one would be worth several thousand dollars...No?
Let's hear what everyone thinks: How Much Is a Factory Sealed 1G worth?