Technology evolves at a breakneck speed, which is why your iPod—which may not even be a decade old—is already considered a valuable antique.
After doing an eBay deep-dive, The Guardian found a factory-sealed third-generation iPod Shuffle selling for $999.95, while a fifth-generation iPod classic in white is being sold for $1394.99. However, the prices for both models pale in comparison to the first-generation iPod (listed for a whopping $9999.99) and a never-opened second-generation iPod (which is going for $19,999.99).
In a study conducted by Terapeak, an eBay collectible price-tracking company, it was found that iPods still in their original packaging assumed the value of high-priced collectibles, especially if they've already been discontinued by Apple. The Guardian also notes that iPods aren’t the only Apple relics being sold for exorbitant prices online: There’s currently a listing for a sealed first-generation iPhone that’s going for $18,000, while an iPod brochure from 2011 is being sold for $49.99.
Israeli Michael Freedman is one of the many collectors capitalizing on our collective love of nostalgia. According to The Guardian, Freedman has one has one of every iPod, a collection that began when he received an iPod as a gift but was weary of removing it from its packaging because he felt that it was “something special.” Eventually, Freedman began collecting vintage Apple products with the intentions of selling them. “I think the most value is in the collection itself,” he said. “Each iPod you can buy here and there, but all of them together is really something special.”
So if you happen to come across your old iPhone 3 the next time you’re cleaning, you might want to hang onto it to help give your bank account an extra boost.
Buy Apple’s latest iPod Nano, and let us know if you'd be willing to pay big bucks for vintage Apple products.