We all know how eBay sellers get when a new product such as the iPhone 4 is launched…well the tradition goes on. Looks like this seller is only asking for $1299 for a “Buy it Now”. Seller claims it will be shipped on June 25th (a day after he gets it). Would you pay this much for an iPhone 4? What if the iPhone 4 is sold out nationwide? Would you dish out that kind of money to make sure you get one? Let us know in the comments.