Indeed ...

to the forum. Pleased to have you on board.
Great coin! 1934 Texas mintage of 61,463 coins is by far the largest mintage for any single issue of the 13 coin Texas series (1934 through 1938) ... so you have a wonderful original year coin.
Only you can judge the surfaces of your coin in hand ... if you say original surfaces then I believe you ... your photos are deceiving us in terms of color.
The design high points subject to wear for this design are the eagle breast and the head and knee of Lady Victory ... this is where friction from wear will first show up.
I'm wondering if the bright spot on Ms. Liberty cheek is a rub ... if so this coin grades AU58. If not ... then this coin is indeed a candidate for a high MS grade.
For comparison ... here is my PCGS MS67 CAC approved 1935-S Texas. Mintage of this coin was 10,008 examples (including assay coins).

Thanks for sharing the photos and coin.
David
Take a look at my other hobby ...
http://www.jk-dk.art