We have seen worse in MS65 holders! Both sides have extra clean and smooth satiny surfaces. The color is a deeper and totally original gold. There are a few tiny copper toning dots on the obverse only (which proves this coins originality). Miss Liberty and the details are well struck. The eye appeal is excellent.
The last $20 1922 PCGS MS64 CAC to sell in auction brought $2,233.00 09/2015. A CAC PCGS MS65 will still run you $7,000.00 (if you can even find one).