How much is a 1965 yamaha yg1 worth?

I have an opportunity to buy one and just wondering what would be a fair price. The owner has the title and has owned it since new. It needs restored. They are asking 500 obo. Thanks for your answer.

I used to work at a Yamaha dealer: It's not worth anything as far as being 'collectible'. Do you want it? Do you feel comfortable paying $500 for it? Parts will be very difficult to obtain for it, since nobody wanted one even when new.

Good luck.

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