It depends. If you grade purely by the amount of circulation wear (as many of us do) then that wouldn't alter by the presence of other damage or disfigurements. However, if you were selling such a coin, you would say "EF, minor stains obv/rev" (or "VF with EK" etc), then adjust the price accordingly. Similarly you could say "EF, sharp strike, superb toning" and adjust the price in the opposite direction. Some people might deduct a grade for damage, and grade a coin as VF when in fact it's EF with a bloody great scratch. But if they advertised it as VF that would confuse the buyer, who might prefer a genuine VF to a scratched EF. A full and honest description is far better. Thanks Peck, that clears that up for me!