I am a bit unwilling to enter into this thread as there seems to be a lot of unnecessary testostorone behind some of the posts.
My feeling is that any opinions on coins are valid but should be espressed in polite and respectful tones. Not all of us can afford perfect coins all the time and the joy for many of us is in the acquisition, not the possession. Being derogatory about other people's coins here certainly risks putting them off using this forum and may risk putting them off coin collecting all together, which is in nobody's interest.
IMO the coin posted is around VF+ bearing in mind that farthings of this date were darkened by the mint so the tone is appropriate. Value is more difficult - in the end it is what someone is prepared to pay for it, so if the OP was happy with the price they paid, then that is it's value to them.
As to grading, personally I don't go for that at all - I prefer to keep my coins in the raw so I can examine them when I wish to. Equally I have few coins that are good enough to warrant grading and having some of my coins in plastic coffins would throw off the balance of the others. But I completely understand other's desire to have their coins graded, so don't let me put anyone off!