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Did Someone Really Just Pay $10,000 For A Gold iPhone 5S on eBay?!

Submitted by on September 25, 2013 – 12:32 pmOne Comment

People are crazy. No, really, they are. Show them something that they love and then tell them that they can’t have it and—boom—they’ll do just about anything for it. No price is too high. And the latest example of that is the gold Apple iPhone 5S that was just released last week. Apple only made a limited number of them, and there are literally people camping outside of Apple stores and cell phone carrier stores to get the chance to buy the gold iPhone. They are willing to do just about anything to get one. And if that means paying waaaaaay more than they should for a gold iPhone on eBay? Then so be it.

Recently, one eBay user named “Papakar” listed a gold iPhone for sale and labeled it as “VERY HARD TO FIND.” And that caused him to get more than 50 bids on the phone. It also caused people to place bids that were for outrageous sums of money. And when the auction was over, Papakar had sold his gold iPhone for—get this—$10,100. Yep, he apparently got more than $10,000 for his gold iPhone and made a profit of more than $9,000 on it! Pretty crazy, right? It’s further proof that people will pay just about any amount of money for something if you surround it with enough hype.

Did the buyer on the gold iPhone actually go through with the sale and pay Papakar $10,100? We can’t say for sure. For all we know, the buyer drove up the price to prove just how ridiculous a $10,000 gold iPhone is and then stiffed the seller. But if the buyer did pay 10 grand for the gold iPhone, we’re not really sure how we feel about it. We assume that $10,000 must be nothing to that buyer. But still, it’s a ridiculous amount of money to pay for the gold iPhone.

Do you agree with that? Or do you think that the gold iPhone was so special that $10K is a good deal? Sound off on the recent eBay sale in the comments section below.

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