BidAllies via eBay offers the refurbished Unlocked Apple iPhone 5 16GB GSM Smartphone in Black, model no. MD293LL/A, or White, model no. MD294LL/A, for $227.95 with free shipping. That's tied with last week's mention of a refurb and the lowest total price we've seen for an unlocked iPhone 5. (It's also $181 under the best price we could find for a new one.)
Note: No warranty information is provided.