Market value of IPhone 5s

What would you recommend as an offer Price for a used IPhone 5s? It has been reset to factory settings and is in immaculate condition. Seller is indicating $350 but for an item that is 2 years old I am inclined for a lower amount. Welcome any thoughts or suggestions. Thanks

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Try half of refurb. Why?
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Visit Gazelle

That's still the best site IME and O to get a good litmus test of what the marketplace will bear, reasonably.

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