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Does it play well and sound good? Does it call to you more than any number of similar options? Can you afford what's being asked, or do you need to cut the price by £50? Does the seller need the cash, or just want rid of it? Do you need to feel that you've come away with a "bargain"?
Being a Yam, you can probably assume decent materials and build quality, so it's going to be a safer buy than a no-name eBay alternative.
Check eBay / Reverb sales, take off the selling costs (20%) and use that as a starting point. I'd guess £200-£250 but wouldn't bother arguing the difference it is plays well and sounds good.
Yamaha FG820-12 12-String Acoustic Guitar In Natural Finish | Yamaha Music London
You haven't said which year but there is from time to time a good market for old FG's which are much loved. I would think £150 - £200 would be a good price but depends on instrument and how much you want it.
Yamaha FG-413S-12 Solid Spruce Top 12-String Acoustic Guitar Natural with TKL case | Reverb
Caution with the tops on old FG's - especially 12-strings. One reason FG's were so popular (apart from being cheap and available) back in the day was that the (usually laminated) tops were quite thin and lightly braced. The tone was nice but over the decades the tops sometimes bow outwards at the bridge which makes the action quite bad and its difficult to compensate for this by the usual bridge saddle/nut/trussrod tinkering. This is a common but not invariable problem. Its a major rebuild and often not worth it on an uncherished instrument.
Good Luck. Sounds nice.
"FG-413S-12 12 String Jumbo 2001 2004 4 $449.00 Spruce,Solid Sitka Nato Nato Rosewood Rosewood 100-118mm Natural High Gloss TMW28 (Chrome) 650mm"
just because you do, doesn't mean you should.
And learn on a 12-string? Why not? I did. (Not the Yamaha, an Eston.)
I knew very little at the time, as evidenced by the examples above, and learned even less and my parents sold that guitar when I left home. But I think a lot of first purchases are driven by the desire to imitate their idols rather than any practical considerations.