Apple Inc.'s (NASDAQ: AAPL) first iPhone from 2007 was auctioned on Sunday for more than 60 times its original price. The unused 8GB iPhone was priced $599 when it first hit the market.

A first-generation iPhone, still factory-sealed inside its box, has sold for more than $63,000, according to LCG Auctions which had expected the Apple relic to go for $50,000.