Gold Fever: The Most Coveted iPhone 5s Selling For Thousands On eBay

goldfinger

The hottest part of this year’s flagship iPhone isn’t a piece of hardware, but a color. Everyone has gold fever. The gold iPhone 5s sold out quicker than any other model in stores, and shipping from the online Apple Store has already been pushed back to October.

Based on the economic model of supply and demand, it is only logical that those who were fortunate enough to snag a gold 5s will then turn around and sell for a ridiculous price. That’s exactly what’s happened.

If you take a look at eBay, you’ll see that there are already 1,500+ listings for the gold 5s, and the average bidding price is quite higher than what Apple charges. The top of the line configurations (64GB off contract) are selling for an upwards of $2,300.

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The new iPhone scarcity + early bird scalpers = ridiculously high prices equation happens like clockwork every year, but it’s interesting to see it revolve around one particular color this time. Supply for any of the three 5s colors is scare right now, but gold is by far the most in demand. Remember when we all thought a gold iPhone was ridiculous a few months ago?

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  • snakes

    My store in germany had only 17 of the Iphone 16GB Gold. I get one :) its very nice but i would never sell it after 10 Hours of waiting time. Its look bether then the crey or silver phone. Its so cute fast and nice :)

  • shamus109

    You guys forgot to check the completed listings. Yes there are iPhones going for $1800 on eBay but nobody is actually buying them. If you look up the completed listings for the same model you’ll see that they are ranging from $1000-$1650

  • AustinNewdick

    I was fortunate enough to get one of 8 gold iPhones at the Apple store in Halifax Canada yesterday. While I could flip and profit…. I really like it too much to do that :(

  • zviivz

    Apple had the last laugh … all the way to the bank!

About the author

Alex HeathAlex Heath has been a staff writer at Cult of Mac for three years. He is also a co-host of the CultCast. He has been quoted by places like the BBC, KRON 4 News, and books like "ICONIC: A Photographic Tribute to Apple Innovation." If you want to pitch a story, share a tip, or just get in touch, additional contact information is available on his personal site. Twitter always works too. All DMs excepted.

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