For a 1925-D, well struck with a full bold four digit date.  Nice color and surfaces, a light yellow-gray with tinges of steel blue, and solid, eye appealing luster.  Like most '25-D's, the dies were somewhat worn.  The Obverse shows a sort of "orange peel" surface similar to the "rugosity" present on 1913 to 1915 issues, in this case due to die wear rather than by design.  The Reverse is amazingly well struck for the date, far better than most with a full bold horn and decent definition on the Bison's hide.  Unquestionably original and definitely "new", with no flat spots, "rub" and complete uninterrupted luster.

PCGS 3955.63/21245447