It would feel strange to call it luster because of the strong matte surface, but yes it does have a nice appearance. Mine unfortunatley has a single small (0.5-1mm) spot on the obverse where the surface is more smooth and "shiney". So I am guessing it is wera or a defect on the die surface. As I only have one I cannot compare the sharpness of my strike to another. Besides the one blemish, I think it is a very nice coin.