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You could look it up on bikepedia and possibly find out it's original price. It is a Yukon model. Here is a year 2000 yukon with front suspension fork for $400 new 2000 Giant Yukon SE - BikePedia
Yours is an older frame as it is not equipped with disc brake tabs. Well, from here on, you may not align with my thoughts but you asked. I will disagree with your someone; it is not a valuable frame, IMHO. I would say it might be worth $30 or less assuming you found someone who wanted to buy an older frame and transfer parts to it. It could be made into a budget commuter, mail box or? As an example, an apple to your orange, I just purchased a sweet, little used fulls suspension 1998 bike for my daughter for $120. It retailed for over $2000 when it was new.

Good luck,

urmb
 
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