Should I sell my iPod Touch 4th Gen.? If so, how much should I sell it for?

Hi, there! I'm new to this Apple Discussions page, so greetings to all. So I am thinking of selling my iPod Touch 4th Generation in order to buy the iPod Touch 5th Generation. My iPod has 16 gigabytes; I'm planning on getting the 5th Gen. 16gb as a replacement. Anyway, I have only had this iPod for a year, but I really want the newer device because of the iOS and other new features. It only has scratches on the back and doesn't have any cracks on the screen. How much do you think I should sell it for?
Oh, and if anyone has the iPod 5th Gen. 16gb, do you think it is worth considering selling my 4th Gen. for the newer iDevice?
BTW, I am not planning on selling it back to Apple or Amazon or anything of that sort because I want to sell it at a higher price. I'd sell it to a friend/family member/relative.
Any help would be appreciated! Thank you!

I get that you are not planning on selling it online but you can utilize eBay to get an idea of what people are paying for those models. Just search for '4th gen iPod touch 16 GB', switch to 'Sold Listings' and see what recent listings have sold for.

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