Hi there, H.
Have you been on the Morgan
38 owner's forum at www.morgan38.org
It has new postings usually daily and loads of useful information. An excellent forum for Morgan 38 owners. The interface is a little clunky, so you might not realize how often it's posted to ... On the left side, click on the '7' to see everything posted in the last 7 days.
We are quite passionate about our M 384. As they say, all boats are compromises, but she is perfect for us.
There were 600+ Morgan 38s made in various subtypes.
The first (about 80) were 1969-1971, and called Charley Morgan 38s. Then came the Morgan 382, 383, 384, then finally (after Catalina
bought Morgan) the Catalina/Morgan 38.
By 'panel' do you mean that number is the hull
number, usually on the starboard side of the transom? If so, yes, I believe yours would be hull
number 7. Usually there is a bigger manufacturers abbreviation (ours says MRY for Morgan Yacht). The format was different for those early years, I guess.