From the look of the scan,that is at best a Fine in my world Marc-Andre Roy.
Always exciting to purchase your first 35,these are my favourite notes,you may wanna go ahead.
I do not wish to take away from the seller,but if you decide that note is not for you,I have a far nicer 1935 $1 B series that I will let you have for,lets say $50 bucks and shipping.It is far far cleaner than the note you're looking at.
One side is EF,the other looks more VF.The note was over-graded,bought by my wife.
Cost her about $180 at the time.If interested I'll dig it out of the safety deposit box just to confirm what I've said above.