Raw from eBay
David Hall: The 1936-D is the most common of the three Arkansas issues in all grades from MS63 thru MS67. It is one of the more common of the 1935 to 1939 Arkansas issues. Superb MS66 speciemens are scarce nonetheless, and MS67 examples are quite rare with maybe just a few dozen known. This coin is basically unknown in circulated condition.
The typical 1936-D Arkansas has either frosty luster or varying degrees of toning. Many Arkansas issues are toned. The toning can range from beautiful rainbow to really splotchy and unattractive, so eye appeal is a big issue for Arkansas commemoratives.