The least wanted Christmas present this year

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Cringing woman holding sweater she got for Christmas

In the good old days, when you got a nasty sweater or a terrible album for Christmas, you'd say something polite and then either bin it or stick it in a drawer to go dusty. Now, according to one website, times have changed.

Almost 2.7 million people took to their site to sell unwanted presents on Christmas Day and Boxing Day. So which was the least popular present?

Sold

Music Magpie says that almost 2.7 million unwanted presents were sold on Christmas Day and Boxing Day alone. Some 32,705 people logged on to sell their stuff by 11am on Christmas morning and visitor numbers peaked at 3pm on Boxing Day (presumably the second that the guests had left).

In total it saw almost 190,000 dresses, more than 54,000 games consoles, and nearly 872,000 CDs sold.

The ten least popular (and most sold) gifts

1. Lady Gaga - Born This Way - 53,041 sold
2. The Inbetweeners Movie - 47,758 sold
3. Mumford & Sons - Sigh No More - 44,567 sold
4. Amy Winehouse - Back to Black - 41,741 sold
5. Skyfall - 39,587 sold
6. Pulp Fiction - 37,011 sold
7. Women's Topshop Dresses - 36,432 sold
8. Men's Topman T-Shirts - 36,256 sold
9. Women's Next Jeans - 34,019 sold
10. Xbox 360 - 33,478 sold

It's worth pointing out at this point that this doesn't necessarily mean that all of these were the least-welcome gifts. There's a very good chance, for example, that the vast majority of Xbox 360s that were sold were because the owner received a newer console for Christmas and wanted to cash in on their old one.

However, there's every chance that a modern classic like Pulp Fiction or Back to Black was already in the collection, so is being offloaded as quickly as possible.

Your selling options

This sort of website, where you sell your items to the owner of the site - rather than through an auction to other users - has the advantage of being quick and easy to do. There's no fiddling around with photos, communicating with lots of buyers, and packing multiple parcels. You'll also guarantee a minimum price for your items - rather than running the risk of an item being overlooked and going for a few pennies.

However, in some cases you won't get the highest possible value for each item, so if you have the time and energy, you can explore other options.

If you have a gift receipt, then your best bet is to return it to the store and get the full value of the item in question. You may only get store credit, but you'll get far more value than by any other method.

In the period around Christmas, even if you don't have a receipt, you could try to take the item back. They are not obliged to offer you a refund or exchange, and even if they do, they may only offer you the price it is selling for in the sale, but it's worth finding out what the item is worth this way.

If you're planning to sell your goods, you could also consider an online auction. You can go for a big generalist auction house like eBay, where you know you will get plenty of people seeing your item. This can work well for things like clothes and popular toys. However, you cannot guarantee the price you sell for, and the best value comes from longer auctions - so you'll have to be patient when you're waiting for your Christmas cash.

For items like CDs and DVDs, and some electronic goods, you could try Amazon, where you can set a price you think is competitive, and users may opt to buy your used item (unless there are cheaper ones around). Often you'll get a better price this way - but there's no guarantee you'll sell the item and the more you want for it, the longer it may take to sell.

There are also specialists for things like jewellery, high fashion and mobile phones, which are worth exploring before you sell.

But what do you think? Did you receive any of the least wanted Christmas presents, and are you tempted to sell them?