COuldn't tell you what the monitors worth, but the following is lifted from iiyamas website. If you go to the site then search for 1451 you'll find a full tech spec.
This entry level 19” colour monitor represents outstanding value for money. The VM 1451 is the choice of budget conscious users demanding a larger screen size without compromising quality, reliability & support. Extensive user controls and low power consumption. Featuring a 0,26 mm dot pitch FST tube, a maximum flickerfree resolution of 1600 x 1200 and a 200MHz bandwidth, it is recommended for all office applications.
I've used a few of their monitors and allways found them to be excellent quality.