The going rate for flip phones is so low that even thieves reject them.
According to a report in the New York Post, a Central Park mugger returned his victim's cellphone when he saw that it was an older-model flip phone.
"I guess he didn't think he could get anything for it," the victim told the Post.
"Flip phones, or feature phones, do not have that much resale value anymore," said Anthony Scarsella, chief gadget officer for trade-in site Gazelle.com.
Comparison site SellCell.com, which lists offers by model from various resale sites, paints a dismal picture for those looking to unload a basic feature or flip phone. Only two sites will buy a Sony Ericsson Z520a, offering a quarter to 50 cents. A Nokia 6086 in good condition might sell for as much as $2. Property Room—where police departments auction confiscated items—consigns flip phones to multi-item lots, some of which start as low as $1.