While I don't discount the luster on the coin, that really isn't enough to meet NGC's standard for the star designation, which really is the problem with the designation, the inconsistent application of it. Half my collection has dramatic rainbow toning with no star designation. My 44-S has a star, but I have always felt lucky that they didn't fail it for the star because of the spot on Jeff's forehead.
@Lehigh96 I agree the application of the star designation is odd at times. In this case, I believe the luster is enough to warrant the designation. After all, that is one of the criteria set by NGC. I have run across coins online and at shows that really make me wonder why they didn’t star, but then again this designation is subjective at best. Beautiful 44S by the way!
@Coinsandmedals intense luster is one of the standards NGC considers (like what you quoted) and I have seen a few stars that were given for that reason (at least I think that was the reason). I'm not the biggest fan of those as it further confuses things (especially since most don't think that a star can be given for intense luster and since it is done so infrequently). Plus pl, cameo, and toning is already enough items to consider for a star (at least in my opinion).