Your longbed black 301 is one of the most coveted machines for collectors. The finish on yours looks very good, too. You have a wonderful friend! I love my 301's--that's right, I have more than one. I learned to sew on my Mom's 301, and she bought me one to take to college. Then, I came across more of them at garage sales, etc, so now, I have five!!! You will love it.