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(Image credit: Caviar)

The upcoming iPhone 12 is set to be Apple's first smartphone with 5G capability, and the hardware upgrade is going to come at a price, with news that the new flagship will cost $100 more than the iPhone 11.

Apple is rumored to be releasing an additional 4G iPhone 12 next year for a comparatively cheaper price, but if you're a high roller looking for an even more premium experience, then this iPhone 12 Apple 1 edition is worth a look – and it'll only set you back $10,000.

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Luxury brand Caviar is back with another eye-wateringly expensive edition of the iPhone 12 Pro and iPhone 12 Pro Max. Inspired by the original Apple 1 computer which was designed and built by Steve Wozniak and launched in 1976, the iPhone 12 Apple 1 edition combines a wooden case with a glossy titanium 'screen'. The nostalgia level is cranked up a notch with the addition of a fragment of the original Apple 1's motherboard.

You can opt for the iPhone 12 Pro variant for $9,990 or the iPhone 12 Pro Max model for $10,460, with those prices shooting up to a maximum of $11,150 for the 512GB iPhone 12 Pro Max.

If that's a scooch on the pricey side, the Apple 1 Light edition starts at $4,990 for the 128GB iPhone 12 Pro and features an entirely wooden case, and a significantly smaller piece of the Apple 1 circuitry.

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There's only nine handsets of the Apple 1 model available, and 49 of the Apple 1 Light, so you'll have to move fast if you like the look of them.

Caviar is also lining up a SpaceX and Space Odyssey edition of the iPhone 12 which come with their own insanely expensive price tags, and while the Apple 1 edition's price tag is just as bonkers, the nostalgia factor has us hooked.

If you have $10k burning a hole in your wallet, and you're an avid Apple fan, this is a must-buy. The rest of us will simply look longingly at pictures online.

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Shabana is T3's News Editor covering tech and gaming, and has been writing about video games for almost a decade (and playing them since forever). She's had bylines at major gaming sites during her freelance career before settling down here at T3, and has podcasts, streaming, and video content under her belt to boot. Outside of work, she also plays video games and should really think about expanding her hobbies. If you have any tech or gaming tips, shoot over an email or DM her on social media.