Here’s a 5K 27-inch iMac at a low price of $1,200 (Cert. Refurb, Orig. $2,499)

from $1,200

Update: Amazon has the latest-gen 27-inch 5K iMac (MNEA2LL/A) for $1,799 shipped (Reg. $1,999).

DealFellow via eBay (97.8% positive, Top-Rated Plus Seller) is offering a manufacturer refurbished 5K 27-inch iMac 3.5GHz/8GB/1TB (MF886LL/A) for $1,199.99 shipped. That’s about 52% under the original MSRP, Apple has the same refurbished iMac for $1,489, and this is the best price available. It may be a previous generation Apple product, but this is still a very capable machine. We don’t come across Mac deals like these all too often, so if you (or your kid) needs a solid desktop for school or work, don’t miss out on this one. Apple provides a 1-year warranty.

More on Apple’s 2014 5K iMac:

Apple weds stunning 5K graphic visuals into their sleek 5mm thin design aesthetic with their 27″ iMac with Retina 5K Display released in late 2014. With a 5120 x 2880 native resolution, the graphics on this iMac are clearer and more eye-catching than on any other previous model.

Apple also features a quad-core 4th-gen Haswell 3.5 GHz Intel Core i5 processor into the mix, along with 8GB of 1600 MHz DDR3 RAM. The four SO-DIMM slots are user accessible, so you have the option to upgrade the RAM up to 32GB for higher-end video or photo production needs.

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