$2.5 Liberty Gold Coins XF
"XF" is a contraction for the denotation of "Extremely Fine" on the Sheldon Scale, which was created in 1949 by Dr. William H. Sheldon. The scale ranges from 1 on the low end to 70 on the high end, and XF coins fall in the 35-45 range. These coins were circulated in common day to day transactions, given as gifts, and held as savings. An XF coin will show use and wear, but will still be a pleasing example of the coin.
Specifics of the Grade
A $2 1/2 gold Liberty is a small coin and therefore much of the space on the coin is dedicated to artwork and script. Any damage to the coin often will mar a significant area relative to the size of the coin, and for this reason many of the small Liberty coins will grade low, whether or not the coin began it's life as a brilliant and sharp strike. In addition to showing wear or damage, the coin may also seem a bit dull in sheen or "Mint luster" in the XF grade as well.