Here is a good link:http://coinauctionshelp.com/how_to_grade_standing_liberty_quarters.html I'd say F 12 based on my experiences and that guide.
I'll say a VF-20. I would agree with an F-12 but it's a SLQ. I give a little on the grades for them (OK; I'm a cheater).
High grade fine low end veryfine not quite a true vf simply because there isn't enough drapery lines across the right thigh (they are almost completely worn smooth) but the actual definition of the right leg (i.e. the thigh,calf, and ankle curvature) is better than a low F-12 and the detail of the drapery to the right and left side of both legs also says better than fine. I'd say VF-20 all things considered.
No, not that high. The 25/30 examples show detail in the upper part of the dress and you can see the dentals on the rim almost all the way around. The coin in this thread does not show that. It sort of has a weird wear pattern, the obverse lettering is very crisp considering the amount of wear to the standing woman, compared to the PCGS examples. If you were being very generous you could say F20, but I'd be more inclinded to go F15.
I agree with most everyone here. The coin has good detail for a F but it seems to have an incomplete outer edge to the shield. The shield edge is essential to a F grade. This is why some have said VG and they wouldn't necessarily be wrong in suggesting so. If you are a stickler for the rules, they are correct. The leg wear is consistent with a F grade, but neither it nor the chain mail show enough detail for VF consideration even if you overlook the shield issue. This coin points out why hard and fast rules make grading certain series of coins difficult. This coin is a borderline VG/F and it depends on whether or not you want to be generous or conservative as to which you think is correct. I would put this coin in a nice VG set. If F was my bottom grade, I'd pass on this coin.
Boy Mike, and I thought I was harsh on grading. I would net grade it a F12 myself, but I completely understand what you are saying. On oddball coins like this, with a mishmash of details grading at different levels, I would net it, (assuming the lower details weren't critical to the look of the coin), and then call out the lower grade aspect. So, F12, weak rim and shield. Every coin is unique, so these issues come up. I am not saying I would disagree with someone calling this a VG, just I would net it a touch higher. Of course, this is assuming there is not a large price spread for the two grades. If this was a 27s I would probably have a different answer.
I have long argued against this type of thinking. I don't think value has any place in grade. To each his own. And yes, I AM harsh on grading. Look at the guess the grade over time. I am usually undergrading when I miss.