Chute, I think your coin is at most an AU, despite the weak strike. If you look at the legs, the high points look a little discolored. Also on the upper chest running up the forearm. However, there is still luster evident.
You bring up a good point with your example, though. Coins on the extreme ends of the spectrum (Po-G) and (AU-MS) are quite easy to grade, as there is some universal characteristic that defines these grades. For instance, wear, bagmarks and eye appeal are quite universal traits of coins (although the latter a bit subjective). Additionally, the cruddiness of a coin and the requirement for most good coins to have a full rim will do fine as markers for the lower grades of world coins. However, it's the majority of coins, those that fall between VG and XF that are worrying to grade, in my opnion.
You bring up a good point with your example, though. Coins on the extreme ends of the spectrum (Po-G) and (AU-MS) are quite easy to grade, as there is some universal characteristic that defines these grades. For instance, wear, bagmarks and eye appeal are quite universal traits of coins (although the latter a bit subjective). Additionally, the cruddiness of a coin and the requirement for most good coins to have a full rim will do fine as markers for the lower grades of world coins. However, it's the majority of coins, those that fall between VG and XF that are worrying to grade, in my opnion.




















