I'm Fairly new to this also, but I have alot of morgans. This one looks like good silver, if you just want to stock up on silver. It's only worth about what you paid for it. I have however seen many in that condition sell for 34 to 38 a piece.
I'm guessing VG8. The range from recent ebay sale were 30+ to a high of 80 dollars for NGC graded VG8. It appears the average was around 45 dollars. I'd say you did OK.
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