$200 would be a great price to buy one that is not one of the red letter models. I paid $250 for a nice one at the Louisville Gun Show last weekend.
You will need to include the model of Winchester you have,and the overall condition of your shotgun to include the amount of original finish remaining to get a correct value for your shotgun.
Your winchester model 12 shotgun was made by winchester in 1953.
Your winchester model 12 shotgun was made by winchester in 1937.
Your Winchester model 1897 shotgun was made by Winchester in 1910.
Your winchester model 24 shotgun was made by winchester in 1947.
your Winchester model 12 shotgun was made in 1953.
your model 12 Winchester shotgun was made in 1924.
Your winchester model 12 shotgun was made by winchester in 1953.
Do you mean a Winchester model 37 single shot shotgun in 16 gauge?If so then your red letter shotgun will bring between 120-300 dollars based on the shotgun having between 70%-90% of its original finish.
That will depend on the Model of shotgun you are asking about,along with the overall condition of your Winchester shotgun?
your model 12 Winchester shotgun was made in 1947.
your model 12 Winchester shotgun was made in 1952.