I have the same guitar and it has some great tone to it, plus the neck is still straight , lots of saddle and a fairly flat belly. No neck reset even remotely necessary. It is however a laminate rosewood back and sides with a solid spruce top. I have seen this model sell on ebay for $1000 (which goes to show you how unrealistic some guitars can be priced, yet they still sell) and also for around the $500 mark. I have medium strings on mine and tuned up to concert pitch to boot. Takamine did a good job as the structural integrity has remained pretty much unchanged for 30 years. This guys guitar is probably in great shape but $800 is a bit high. I think he could probably get $600 for it. Just my 2 cents worth.