Spot in line goes up for sale as line for new iPhone 5 grows outside Crocker Park Apple Store

WESTLAKE, Ohio - R.J. Wagner wasn’t willing to give up his first spot in line outside the Apple Store at Crocker Park but helped someone behind him hop on the demand for the new iPhone 5.

As Wagner sat in his camping chair Friday morning, his laptop was popped open. He wasn’t checking Facebook or reading reviews of the phone he will get in a couple of hours.

Wagner was taking bids for the third spot in line, which Jared Dyer didn't want for himself, on craigslist.  

"I'm not really here for the phone," Dyer said. "I'm in it for the cash."

So, how much does just a place in the line go for?

Wagner said a guy initially offered $150. Later in the morning, Dyer said he made "a couple hundred" off the spot, which would be more than the $199 starting price of the phone itself.

The cost to be weighed is time waiting vs. cash. The Parma resident who grabbed the first spot in line has been out there since about 5 p.m. Thursday, waiting for store doors to open at 8 a.m.

Behind Wagner, the line continued to grow, with about 50 people wrapping around the store by 6 a.m. The eager Apple fanatics were provided coffee and donuts to make the wait a little easier.

Apple could sell up to 10 million iPhones in its release weekend.