Old iPods yield little: not a lucrative collector's item

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Old iPods yield little

You are certainly not the only one who still has a used iPod in your closet. Shortly after Apple announced the end of the iPod, there was a run on the remaining models, especially in the US. There are people who would like to have a music player and want to last as long as possible with it, but in general the functions that you can use on such an iPod are also on the iPhone – and more than 1 billion of these are already in circulation. New statistics show used iPods are falling sharply in value, as much as 98 percent of their original retail price.

The figures apply to the situation in the US, where the company SellCell made an inventory of 40 independent traders. It shows that iPods have fallen in value by an average of 89 percent since they came on the market. Some 2003 models have even dropped 98 percent in value. The most recent seventh-generation iPod touch has a 71 percent drop in value.

The sixth and seventh generation iPods are worth the most right now, especially the models with a lot of storage. You can get around $100 for an iPod touch with 256GB of storage, if it's in good condition. Until recently, Apple itself used to be no less than €449 for. For older models, you won't get much more than $60 while for 2012 or earlier iPods you'll get an average price of $28. It still makes sense to dust off a 160GB seventh-generation iPod Classic, which averages $61. But as you can see, it won't make you rich quick. Many iPods have lost more than 90 percent of their original value.

Since Apple announced it will discontinue the iPod, there has been a small 2.9 percent increase in value. That could be a reason to really start selling your used iPod. What you can score with are the iPod Special Editions, which are more interesting for collectors. Or maybe you have a copy with an original Steve Jobs signature on it! You can certainly be careful with that.