Old cell phones?

I have bought a new handset and continued the same contact number which was with my old cell phones. Here, I have to know about the old cell phones. What happens with old handsets after transferring the contact number to the new handset? Would it be sold in the market? I want to sell my old handset. I am really confused that would the people come to get it when the handset was registered with a particular number? If you have any idea or experience regarding this issue, please share with me.

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