Gold iPhone 5S sells for $10K on eBay, worth just $649

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The gold iPhone 5S.The gold iPhone 5S. (Credit: CNET)

You can buy a lot of things with $10,100 — unless we’re talking hard-to-find iPhones on eBay.

That’s how much one eBay buyer paid for a 16GB unlocked iPhone 5S in gold, a device that’s currently back-ordered into next month.

The US-based seller “Papakar” put the device up for sale Sunday afternoon. It proceeded to get 51 bids on its way to end at $10,100 just before 1 p.m. PT earlier today.

(Credit: CNET)

To put that price in perspective, an iPhone 5 (last year’s model), made out of actual 24K gold will run you about $4,646 from this UK-based company. The iPhone 5S itself only retails for $649 in the US (plus tax).

The gold color is new for the iPhone this year, as is “Space Gray” which replaced last year’s black color. Apple appears to have made less of the gold color than any other type, as it was the first to sell out when online sales began, and was also in scarce supply when the device went on sale last week.

 

Josh Lowensohn
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