MS-60 is the lowest grade for an uncirculated coin. An MS-60 coin will be UGLY but will show absolutely no signs of circulation wear. It will have lots and lots of contact marks (it will look like it spent some time in a parking lot) and will have greatly diminished luster.
I still never really got the luster I read up on it and still don't get it is it the way the light reflects off of it
Kind of. Hold an uncirculated coin by the edges and tilt it back and forth letting the light reflect off its surface. You should notice little spokes that appear to spin around the coin like the spokes of a wagon wheel. What you are seeing is 'Cartwheel luster'.
Luster is created from the flow lines that emanate during the process of minting. If you hold a mint state coin in your hand, and gently rotate and undulate it, you will perceive what is called a 'cartwheel effect'......the light splashing off of the coin will dance about in almost a wheel like fashion. When a coin is over dipped those flow lines are washed away and the dancing beauty also.....
I think the coin is both dipped and cleaned. I think I see a bit of rub on it also, so I say AU details.
Not really. Proof dies are polished after every few strikes so flow lines are not allowed to become as established like dies used to strike Business Strike coins.
Proof coins do not show cartwheel luster. But as an exercise in grading, I routinely grade all of my pocket change before putting it in my change jar. Seems a bit much I know, but grading modern coins is a great way of familiarizing yourself with what a high grade coin should look like. After grading pocket change like that for a while, cleaning and dipping become painfully obvious.
Here is some different pics in a different light with different camera the other pics are with just light from our window