Your coin has fairly evenly matched dies, possibly EMDS obverse and MDS/LMDS reverse. The strike is typically soft for 1923-S, but has complete ribbons and in earlier condition likely would have had a full rachis and calamus on the second feather. There is heavy die polishing for the second feather / buffalo's head clash and moderate polishing for the LIBERTY / right rear leg clash and Indian's chin / EPU clash. Most of what appears as wear on the buffalo's head is from the clash polishing, since it doesn't match the wear seen on the buffalo's back.
Overall, the obverse is stronger than the reverse, reflecting the clash polishing and slightly different die states. On the obverse, LIBERTY is separate from the rim, the Indian's cheekbone is rounded, and there is some separation of the knots. On the reverse, disregarding the buffalo's head, there is about a third of the hair on the buffalo's hump and back, the lettering is separate from the rim (barely), and there is some detail on the buffalo's legs.
It is on the VG-10 / F-12 bubble, with the obverse just at F-12 and the reverse slightly lagging, appearing VG-08 but likely at VG-10. Some of the reverse can be explained as die polishing and a typically soft strike. There appears to be an older cleaning, and that likely nets it downward to the lower grade range, at VG-10.
Overall, the obverse is stronger than the reverse, reflecting the clash polishing and slightly different die states. On the obverse, LIBERTY is separate from the rim, the Indian's cheekbone is rounded, and there is some separation of the knots. On the reverse, disregarding the buffalo's head, there is about a third of the hair on the buffalo's hump and back, the lettering is separate from the rim (barely), and there is some detail on the buffalo's legs.
It is on the VG-10 / F-12 bubble, with the obverse just at F-12 and the reverse slightly lagging, appearing VG-08 but likely at VG-10. Some of the reverse can be explained as die polishing and a typically soft strike. There appears to be an older cleaning, and that likely nets it downward to the lower grade range, at VG-10.




























