A tough one for me too. It looks better than the PCGS Photograde XF-40 as far as the ribbon separation from the hair.. For me, the details of the little hair curl near the ribbon but not all the diamonds is a dead ringer for an XF but seeing from the PCGS photograde this is not needed, just the left side of the ribbon being almost completely separate. I was thinking that too, XF-40 as well despite not fully qualified as my version of an XF.





















