On a perfect display you should see just a faint grey circle.
Another test is moving cursor fast across the white page and tracking it with eyes. On a perfect display it should be perfectly crisp, on my display it blurs and moves in steps.
So basically on a perfect display you can track fast moving things, and when not tracking, they are blurred. On a bad display, things blur when tracking them, and you see several instances otherwise. For example, if you scroll a page with a black box up-down, on a bad display you would see several faint boxes overlayed, and on a perfect display one box with blurred edges.