Magento get total quantity of product sold

$id = 123; // enter your product ID here
$_productCollection = Mage::getResourceModel('reports/product_collection')
    ->addOrderedQty()
    ->addAttributeToFilter('id', $id)
    ->setOrder('ordered_qty', 'desc')
    ->getFirstItem();
$product = $_productCollection;

echo 'Already Bought '.(int)$product->ordered_qty;

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