The motto has nothing to do with grease in the dies, it is a normal part of the design. All 1932s are of the Light Motto variety and the first 1934Ps minted had the Light Motto variety as well, this one brings a premium. 1934 actually had three different hub designs- the Light Motto, Medium Motto, and Heavy Motto with the latter two being considered common.
As for grade, I would call it VF-35
As for grade, I would call it VF-35


















