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Originally Posted by froggie731
I sold it for $350 on Craigslist. I also sold my 1st and 2nd generation there as well. This one was the 3rd generation (no 3g), white, 16GB, with a smart cover. Certain things like iPads seems to sell relatively easily on Craigslist because so many people want them. That way you get to avoid the fees. Other items that might not be as popular I like to sell on eBay even though they have some crazy fees!
Hubby and I love trying out certain new gadgets when they are released. Unfortunately that means selling some of the stuff before the new ones are released to get the best price, haha. Rumor has it the 5 is going to be a complete body redesign, like the mini is shaped now. Hopefully you can sell yours quickly if you decide to get it! 
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Interesting, I've never sold anything on Craigslist. Mine is 64 GB (what was I thinking?!) and 4g. Last year, I sold my 16 GB iPad1 on Amazon and got about $200.