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It's amazing how quickly we forget. From the shape of that box we can tell that the original iPod was about the size of a basketball.
 
The "appeal" is the hope these will become objets de art that they will be able to re-sell for even more at a later date.
I propose the term "objets de stockage de valeur" (value store objects) since that's the goal...
 
I don’t get the appeal at this point.

One a couple generations newer with an SSD in it and a new battery is way better device, while still retaining the nostalgia
This is aimed at people who receive more money per minute (earn is the wrong word) than you do in a year. These people don't know what to do with their money. So they collect something.
 
I have one of these boxed but it's used and the box slightly torn. Anyone have any ideas on what it might be worth?
 
Bad investment.

If you purchased $499 worth of $AAPL on October 23, 2001 at $0.27 per share (split adjusted), you'd have 1848 shares. That would be worth over $420,000 today.
Keep in mind that half of that gain is merely the result of inflation.
 
Apple-iPod-Classic-First-Generation-Sealed-Feature.jpg
The simple box was a breath of fresh air back in 2001 - as anyone who bought computer products at the time will remember :):

 
Keep in mind that half of that gain is merely the result of inflation.
That is the equivalent of saying it now takes $210,000 to purchase what cost $499 in 2001.

Most estimates seem to calculate about $910 dollars as what it would cost to currently purchase what you could have purchased for $499 in 2001. So, while the $420,000 may now only purchase a bit more than half of what $420,000 would have in 2001, none of that gain is tied to inflation, only the decrease in current spending power of the current $420,000 value.
 
I don’t get the appeal at this point.

One a couple generations newer with an SSD in it and a new battery is way better device, while still retaining the nostalgia
He just really, really wanted a FireWire connection! /s

I think it is easiest to think of sealed first editions of electronics as art at this point.

If the buyer purchased this with the actual intent of opening the box to use the device, that would be an even crazier scenario than just paying over 40 thousand dollars for a rare, sealed version of an iconic device.

Unless he has another sealed unit, and wants to destroy this one to make the first sealed one more rare. I’m probably being sarcastic about that, but potentially not.

Collectables are a strange, unpredictable form, if only because collectors are, too.
 
I remember the day that Apple unveiled the iPod — October 23, 2001 — because that's my birthday, and Ryan Reynolds as a fun side fact. We were both born the same day in 1976 in BC, Canada, and have lived entirely different life paths! 😃

Along with many others, I questioned the sanity of Apple releasing a music player, but boy-oh-boy, were the doubters wrong! Apple had a much bigger vision than just a music player and the world is better for it.
 
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