Details, man, DETAILS!!!! Inquiring minds wanna know! 4/4? +4? <gasp> +8?
I used to restore Morgans and sell parts at the now (mostly) defunct Olde World Restorations.
Even a roller for $4000 would be a steal, especially if it has the running gear, weather equipment, windscreen, and gauges. (The hard bits to get) By comparison, there's a "partially restored" Morgan currently in Hemmings for $9900.
Running Morgans with good wood start at $15k, much more for +8's. Restored Morgans seem to be starting in the $30's these days (again, much more for +8's).