They are asking in the $350.00 range here on craigslist. I don't watch shopgoodwill.com much anymore, but just checked it. It seems to be in the same ranges as usual. They were selling at about $250.00 a while back. The nicer ones going for $300. or so, and the not so nice ones for less. The white ones go for more. The ones that have been repainted in the bright colors are going for high prices, though.
I would think that anyone who pays $1200. for a regular old featherweight has more money than sense.
bkay