What did that one grade? If I had to grade from pictures alone, I would personally go higher than VF certainly - maybe AU53 or 55?
Of course the 1925 date comes very softly struck and often without a lot of lustre, but as you will note the sensitive cheek, brow, mustache, hair look to be virtually free of wear, with a very nicely [for issue] struck reverse. Main concern: base of the neck truncation that probably has to be seen in hand to judge severity of friction IMHO. On second thought this may be at the 58-61 level. I will see if I can show a picture of a "raw" 1925 that was hand-selected 20 or so years ago later today.