When I heard Nintendo was discontinuing the 3DS I bought and extra 3DS XL for me, and a 2DS XL just because, as stock was running out. I kind of wonder what it will be worth in a few decades.
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Sealed Original iPhone Sells for Over $63,000 at Auction
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HAHAHA
Should have been listed as better than new
.That seems like valuable additional content.
Up, Up, Down, Down, Left, Right, Left, Right, B, A, B, A, Select, Start............LETS GOOOOOOO!!!!!!!!!
I have a copy of Russian Tetris for the NES. A buddy got it for me somewhere in China town in Manhattan. I only knew of one other copy that my buddy had too.
I can still hear that Russian music getting faster as the blocks fell faster
I liked it much better than the American version.
I wonder if it will be worth something in the future. Probably not since everything has been emulated these days.
A thousand years ago, I used to shrink-wrap printer output. That loose shrink-wrap looks the same, and by that I mean to suggest it is not the original production factory wrap.
I guess I see things differently, (maybe that's why I'm not rich??), if I owned it I'd feel like I'd want to use it.Its not Apples to Apples (And I see what you did there
🍏)
There are some Rolex's that have sold for millions. But most people buy them to wear them and pass them down to family, like a bunch of friends I have.
There is this interesting phenomenon in the electronics market that seems to mirror the comic book market where people buy them to store unused and sell at a later date. There is definitely a nostalgic price point built into the sale.
I still have a Coleco from my older brother and NES with games stored somewhere. Not sure I'd sell them though.
Battery would most likely be fine but not at peak performance. I recently pulled out 12+ year old iPhone 4 with hundreds of charge cycles that hasn’t been touched in a decade. Charged it up and it took a charge to 100% and was still usable. Same for my 10 year old iPhone 5 still powers on after 100s of charge cycles and being unused for some 8 years.
I also just fished out my Sanyo 8300 flip Phone from circa 2005. Hasn’t been used for 16 years, charged it up and yup it still powered on!!!
As long as the batteries have not been exposed to extreme heat or cold over long periods you would be surprised how long they can last even sitting unused.
It also depends on the battery chemistry. If its 2005, it was probably a NiCad (nickel cadmium) battery. If it was still working, that would be extraordinary, as their battery memory caused shorter lifespans than lithium ion.
there is a app for that 😀 /// the battery is 100% dead. it's like a old steam-locomotive. nice to have but you can't really use it.
Because that's how you calculate ROI. Does a piece of machinery compound? How do you calculate the ROI of equipment added to a business?
Ni-Cd batteries have been gone from mainstream usage by the late 1990s. I have phones from 2003 that used Li-ion batteries
Its really unbelievable how few people understand finance and business.
We are talking about a static non producing item. There is zero output from it and it doesn't have a dividend or coupon or other financial mechanism that pays on a specific schedule that is over and above the original product. There is nothing additional.
The original poster to my comment decided to use a compound interest calculation on the sale of the phone for ROI. That is ridiculous.
If you want to calculate ROI on the sale of an item that increases in value, you would never use a compound interest calculation to do it. You would you a simple X multiple.
I'm not sure why you decided to use a piece of machinery as a comparable example but its not a comparable example. This fictional piece of machinery probably has an output that can be used to create a ROI calculation. That's a very different calculation then the single sale of an item. Additionally, there is a deprecation schedule for tax purposes which is also part of an ROI calculation when talking about machinery.
But if you think using a compound interest calculation for ROI on a piece of machinery makes any sense, please tell me how you would go about that and why that's a more accurate understanding of ROI.
Collectors are willing to pay any amount for the original iPhone!!
My mistake on the ROI, I was thinking IRR which takes into account the time value of money. I incorrectly use the terms interchangeably. I think any investment, be it stock, real estate, or art, needs to account for TVM. If you bought $600 of Apple stock before the iPhone was announced it would be worth about $17k today. Looks like the iPhone was a better deal.
I have a landline duck phone from the mid 1980s. And it quacks on ring. Only $32,000. Anyone?
There is a member who has posted a picture of the original iphone in it's box and sealed with the clear wrapping film but the image on the box shows the network carrier as being O2. Does this mean that it's a fake?
Anybody know how much not-sealed ones go for? I still have mine in pretty pristine condition.. i upgraded to the 3G pretty quickly and put the original back in the box
I think that's a bit excessive of a clapback. I read @glenthompson's comment. It didn't make much sense to me, but it seemed pretty clear he meant ROI in the layman's sense to mean "profit." But you're right, most people don't understand finance and business... because most people aren't that privileged and some of the people here are actually still teenagers.
Anyway, since we're kinda talking about investing money here, people who are about to sink lots of money into gobs of extra Apple gear so they can rake in lots of cash need to consider the following:
- Most of the stuff you buy won't be worth that much
- Some of the stuff will actually lose value or be very hard to sell
- Good chance some of it gets lost or damaged
- You're gonna have to store it and keep track of it
- For the value to skyrocket, you'll need a lot more than 15 years
- Even if it ends up being worth a fortune, you might be dead by then
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Hmmm… heres proof that 12-18 year old relics that haven’t been turned on for well over a decade can still power on and hold a charge even after 100s of charge cycles and years of use. @Rafterman
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