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A very worn field grade gun (but still in workable condition) might get you $350 bucks. From that point on condition, guage, and grade mean everything. I just visited a web sight that had M# 12 listed at over $9000. A lot more info. on the gun in question is needed to make any kind of an est. This firearm, in at least the higher grades, has reached collector status. If your gun has very attractive wood, checkering, engraving, or has a rib on top of the barrel and is in better than just "good" condition my advice is to educate yourself on model 12's. Try Googling "Model 12 Winchester" for a start. There are also some very good books on the M#12 avaliable.
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