You know, there is a lot of junk out there, but to me this looks like a good saddle. From the photo I don't see any of the earmarks of a junk saddle.
While I'm sure it's not top-of-the-line (any company worth their salt will mark their saddles) this just doesn't look like junk to me. It's got nice stirrups and the tooling looks to be nice quality from what I can see. It's got nice laced cantle binding and well, it just looks like a nicer saddle to me. Even the breast collar rings are in the right place......I don't think I've ever seen that on a cheap saddle. I think if you sold it for $150 someone would feel like they stole it!
I would try for more in the $300-$400 (maybe even in the $500) range. Heck, if you didn't tell me it was a no-name I would guess it was a Cactus or Martin or something like that.
PS. I'm swooning over that saddle in the background! That's just my style!