This coin is absolutely "new" with no wear noted on the high spots or rubbing but it is a bit on the baggy side from a sojourn in a mint bag. From the standpoint of luster and body, the coin approximates an MS62 but I think the MS60 grade is accurate given the scuffs that can be seen on both sides. That said, this coin has pleasing overall eye appeal with a slightly Prooflike finish and very attractive reddish-gold color on the central obverse. It is not uncommon for this date to be extensively abraded but it is rare for examples to be as flashy and vibrant as this. A very solid coin for the grade and good value as the 1892-CC becomes very expensive (and hard to locate) as one travels up the grading scale.