state Louisiana Texas city Plano, state Texas blues exclusive Apple Platform state Louisiana Texas city Plano, state Texas

A first generation iPod just sold for $29,000

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Rally Alternative Asset Investment platform.The iPod was originally bought by the parents of a teenager in 2001 as a Christmas gift for their son.

It was purchased at an Apple store in Plano, Texas for the price of $399 USD (£313) at the time. It remained untouched in its original packaging until its recent rediscovery.“He wasn’t sure what he wanted to do with it, so he put it on a shelf, and then, inevitably, time passed,” explained Rally co-founder Rob Petrozzo.

The owner found the iPod in the original blue Apple bag while cleaning out his childhood home after the passing of his father. “It truly is a time capsule,” Petrozzo added.The sale was orchestrated by Rally, a platform known for enabling shared ownership of unique assets like tech memorabilia.

Initially, the iPod’s ownership was split into 5,000 shares each valued at $5 USD (£4) through a Limited Liability Company (LLC) until a private collector unexpectedly acquired all 5,000 shares and secured exclusive possession of the relic.There has been an interest in vintage Apple products.

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