1926 Sesquicentennial Half Dollar - Grade/Cleaned?

For a lowball example, it looks pretty decent regardless of a possible cleaning. I think the rims appear normal for the amount of wear this coin exhibits.

Looks like someone tried "spooning" the coin.

Looks pretty decent to me.

Here's my description:

Spooned Coin

Describes a coin that has had its edges pushed in/flattened by pressing a spoon (or other similar tool) against it until its edge is smooth and the diameter of the coin is the desired size for a ring. The coin's edge is widened during the process and, if originally present, the coin's reeded/serrated edge is typically smoothed away. The center of the coin is than drilled out, smoothed and polished so that it can be worn as a ring. The traditional method is a lengthy manual process. Silver coins were/are typically selected due to the softness and malleability of the metal.