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24-karat iPhone 5: Bite the golden Apple

That didn't take long. The iPhone 5 just came out on Friday, but someone has already slathered it with real gold.

Gold iPhone 5
Oh, that's not tacky at all.
Gold & Co.

Sometimes an iPhone isn't enough on its own. You need it to stand out. You need for everyone around you to know you have more money than sense. That's when you buy a gold-plated iPhone 5.

Gold & Co. of London is here for you. You'll have to travel to the Collector's Palace at the Dubai Mall, but that shouldn't be a problem since you have a private jet. Your new iPhone 5 will be available gaudily covered in your choice of 24-karat gold or rose gold.

Pricing has not yet been announced, but it's probably safe to say that if you have to ask, you can't afford it. This phone will likely appeal to people who already dropped $9.4 million on a gold and diamond-studded iPhone 4S and are now looking to upgrade to the latest model.

This leads me to wonder, what happens when one of these bling'ed-out iPhones becomes old technology? Does the owner dump it in the recycle bin at Best Buy? or melt it down to recover the gold? Maybe they end up in desk drawers, languishing unused for years to come like most regular cell phones. I'd sure like to see the Gazelle buy-back price for an obsolete gold iPhone.

Gold iPhone 5 set
Now the iPhone 5 comes in white, black, or gold. Gold & Co.

(Via Luxury Launches)