That Gold iPhone 5S Didn’t Really Sell for Over $10,000

September 24, 2013 | Kyle Chayka

Yesterday afternoon, Business Insider reported that a gold iPhone 5S had sold on eBay for the mind blowing sum of $10,100. Other publications have also been reporting on this recent sale, chalking it up it to bloodthirsty Apple fans willing to sacrifice obscene amounts of cash just to have the latest and greatest product a few weeks before everyone else does. Out of curiosity, we decided to contact the seller, asking him or her what they may plan on doing with all that extra cash.

The eBay seller who goes by the name of papakar answered us in an email earlier this morning stating the following:

Nope that transaction was cancelled as the buyer bid the item with wrong number of zeroes. It was a mistake


So there’s that.