The zero at the beginning of the serial number denotes that the year of manufacture ends with a zero.
The legend logo on the side is exactly like the ball I had. It was not on the earlier versions of the ball from the late 1970's and early 1980's. The one I had was a 1992 model. They were discontinued not too much longer after that.
Given all this, I believe that one is from 1990, and that would mean it is not of the "bleeder" variety.
It seems to be in decent shape, but the 16lb weight isn't nearly as popular as it was back then. Modern balls are much stronger, and don't need to be as heavy to create the energy they used to. The weight will detract from it slightly, as 15lb is the much preferred weight anymore.
All said and done, if you found someone who was just really looking to get that exact ball, it's worth whatever they would be willing to pay.
To the general bowling population, there really isn't much demand for those anymore, and you would probably be VERY lucky to get $50 for it, and $20-$25 is much more realistic, if you can sell it at all.
Good luck.