If you’ve a first-generation iPhone and you plan to upgrade, don’t toss the older model in a desk drawer or give it away to someone you don’t like all that much.

The going price of a first-generation iPhone more than $300 on eBay or Craig’s List.

Yes, you read that right. You can sell you old iPhone for $100 more than it costs to buy a new one (provided you’re eligible for an AT&T subsidy on the new phone).

No the buyers aren’t crazy or even nostalgic for a simpler age when iPhone’s took their time rendering Web pages. They’re unlocking the phones and selling them abroad.

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