We were all excited when we got a press release from VenJuvo.com stating that they will buy first-gen iPhones for cash. According to their web site, they'll pay more if you're willing to accept a K-Mart gift card as payment (oye).
But you guys are as savvy as us, and just as you'd expect, they're paying nearly nada for that lovely piece of Apple technology. We said we had an 8 gig iPhone in excellent condition using their web form, and they said they'd give us a whopping $35. Ahem. A 16 iPhone will get you $85-- slightly less abysmal. Excellent is defined as scratch-less and like new, FYI. One in working condition with a few minor scratches will net you $74. A 4 gig iPhone in "good" condition will net you $4-- we're assuming you don't have to pay the shipping to the company or you'd actually lose money on that deal!
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