Hello, my friend.
For 20th century coin, which made by full modern manufacturing technologies in the era where proof coins also already been, such condition is bit far from AU/UNC.
it is just my own opinion, of course. But something says Me that professional grader of NGC would grade it also as XF.
Im bit sceptic, and to say the true I have even bit overgraded it in my vision. But for 90+% collectors it would be strong XF .
look at the empty field. Coin was quite a lot of time in pockets with other coins.
The second secret: coins with bearded men` portraits are specific, and always undergoing more critical grades then any other coins.
And, the third secret is that British empire silver coins of 19-first half of 20 c. have mostly very low and smooth portrait reliefs.
It is still great coin, an super collectible condition! Congratulations ! I, myself collect onl;y African coins besides my main theme, and I dont have this type in such lovely shape.
