http://www.ebay.com/itm/Apple-iPhone-5-Factory-Unlocked-16GB-Smartphone-AT-T-/291390865888?var=&hash=item43d83fc1e0:

http://www.ebay.com/itm/Apple-iPhone-5-64GB-Black-Slate-Factory-Unlocked-Smartphone-MD642C-A-/222031094366?hash=item33b215a25e:g:xtkAAOSw~OVWyvNS

Phone's worth $220, NIB... or $140 not NIB. Take 5% off both prices and you have a reasonable offer.

PS - I can't afford it atm, so I'm not making an offer.