Was going through a small pile of Indians that I have had laying around forever. Most are very worn. Very. I thought this one looked nice so I put it an extra album page. I was surprised to see PCGS valueguide for this year. $80 in fine condition?
When you see pitting like what's there on the reverse especially, that's corrosion. AKA environmental damage. Major value detraction. It probably spent a fair amount of time underground.
The sharpness qualifies as a classic Fine. The "grade-flaters" push this to VF now-a-days. Unfortunately there is environmental damage.