Earlier in 2014, the UK-based retailer Phones4U announced that it was entering administration, the United Kingdom’s equivalent to bankruptcy, and as a result had to cancel all of its iPhone 6 and iPhone 6 Plus preorders.
Phones4U has tapped John Pye Auctions to handle the liquidation of the 600,000 unit stock, equivalent to £10.8 million. Bidding is now available online in the UK and internationally. Items can only be bid on individually, and not grouped, which benefits us individuals rather than wholesalers.
Bidding on the auction through John Pye ends Tuesday, January 6, 2015. If you live in the UK and want to see the items in-person, the auction house is hosting a public showing on Monday, January 5, 2015 from 10am to 2pm at its warehouse in Staffordshire.
As aforementioned, the prices of these devices have been severely marked down as the auction house aims to offload the units. Some base models of the iPad Air and iPad mini units are being sold for as little as £2, or about $3. Interestingly enough, the auction house is taking orders online, and those orders can be placed internationally as well. However, the auction house will not be shipping any sold units, so those in international areas that buy the products must figure out their own shipping.