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Each time a new mobile phone comes to the market and the inevitable clamor for the consumers to get their hands on it more and more old phones find themselves relegated to the back of a dusty drawer. Most of these  old mobiles will never again see the light of day and are kept purely as a backup.

But as in most things in life one mans rubbish is another mans treasure and your old phone can either be refurbished and sold around the world where users are not as fussy or keen to have the latest all singing and all dancing super phone or simply stripped down and broken up into parts.

Many companies have been set up in the last few years and will buy your old phones off you and for more than you think with even the oldest phones have some value. Often you can search online and get a fixed price for your mobile , the purchasing firm will them post you a prepaid bag and you pop it in the post box and return it to them. They will them test the handset and deposit the money directly into your chosen account.

Lots of these firms will also guarantee to wipe the mobile phone of all data including SMS , photos and telephone numbers. Perhaps more importantly, many phones do contain some very nasty substances including Cadmium, Rhodium, Beryllium, Palladium and Lead and without recycling most of it would end its days buried in a land fill site or the tipped into sea

If on the other hand you wish to donate your old phone to charity many of the bigger charitable organizations such as Oxfam ate now actively asking you to send them your old mobile phones and with over 20 million upgrades in the UK alone this year they are hoping for a share of this growing market.