I'm Bemused by a Grade This Coin Received
This just went at auction. I was interested, until I looked closely at the coin. It's graded MS63 by PCGS, but looks more like a good XF coin (to me).
Yes, buffalo nickels are hard for me to grade, but that one looks like it has significant wear; especially on the reverse.
It went for about the Greysheet value (including BP), so someone else thought it was fine at that grade.
What am I missing?