The console isn't out yet, so I can't tell you how much it's worth, but I can tell you what Nintendo needs to price it at to be successful.
1. If Nintendo wants to continue as the go to home console for kids, it needs to be 300 dollars or less. Their last 4 systems have done this, and when compared to the other options on the market, it makes their system a strong value proposition to parents.
2. If Nintendo wants to change their game up, then it can be more, but it can't surpass $450 dollars. There has never been a home console that has been successful while being above that price.
3. If it's a handheld, $200 max. Even that is pushing it a little. This device is competing with smartphones and tablets that can do MUCH more, so it's a tough sell for something that could be very situational.
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I'd personally pay any price. But if there are two parts (handheld and home console), I'd say each should be sold seperately with the handheld for 200€/$ and the home console for 300€/$. However, if you buy both as a bundle, you only pay 400€/$. If it's just a console, it'd be 300€/$.
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I made a quick graph because that's what I do. Took the US launch prices from the last two console generations, adjusted for inflation using an online calculator. Graph shows the highest price, lowest price and the median price. The green side represents a "cheap" price target, the red side represents a premium price.
People expecting the same prices as previous systems need to remember inflation. Adjusted for inflation the Wii launched at almost $300US (2015). On the other side the 360, PS3 and XBOne were all at around $500US (2015). Of course tech does tend to get cheaper over time but you need to keep in mind how much more $250US was worth 10 years ago.
That said, I think $200-250US is a reasonable target for a portable. I'd expect a home console to be somewhere closer to around $300-350US. With the home console they need to be careful that they are priced competitively. Either that or they need to offer something worth paying a premium for. With the portable? I think they can get away with a lot more. They're already a premium product in that space, regardless of price or spec.
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It depends on what it is, of course, but as a new Nintendo home console in general, I'd say it could easily be at least $350. However, If at least some of the rumors about it were true, I expect it to be over $400.
Gamecube started at about $200, Wii was about $250, and the normal version of the Wii U was about $300. The only proof I have is this pattern, sadly, but it might be just enough to show my point.
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