The iPhone 6 and iPhone 6 Plus has fans ready to spend over $1,000 for their favorite Apple product.

According to CBS News, Apple announced online preorders will begin Friday night, but fans have started to bid on the phones on Ebay.

Several third parties are selling the phones for a minimum of $700, but with several bids the worth of the desired phone has risen.

The iPhones were announced along with the upcoming Apple Watch at a press conference on Tuesday in California. The screens are larger than previous iPhones and come in several colors like gold, white and grey.

The retail price for the phones are much lower than expected with the iPhone 6 priced at $199 for the 16GB model with a two-year contract, while the 64GB model will run at $299 and the 128GB model at a price point of $399.

Will you be getting the new iPhone 6 or iPhone 6 Plus when they release? 

Source: CBS, Ebay