I found this today digging through a few coffee cans fullof pennies and thought it looked a bit strange as it has no front rim? Obverse: Reverse:
I agree with the others - PMD. Your nose would look a little smeared, too, if someone took a belt sander to it. J/K! Chris
I am actually going to disagree with other previous comments. Due to the upward smearing of the motto, the coin looks to have been struck without a collar which is infact a type of mint error. If it were PMD, those letters would be the accurate size of other letters in the motto of the same coin of the same year. -Brian
No offense intended, but once again, you prove how little you know. If the coin was struck without a collar, the reverse would show the same effect.
If it was struck without a collar, it would look like a whole jar of jelly squeezed between two pieces of bread. Make mine strawberry. Chris
The letters in "In God We Trust" have severe deformations, particularly in "God". I am at a loss as to HOW they could occur. It is possible that a belt sander or grinder was used, but I wouldn't expect to see these types of deformations. Is it possible this is a Die Adjustment Strike or Trial Peace Strike that made it into circulation? I have little knowledge of either of their characteristics. I wouldn't toss that coin just yet!
Another possibility is that it could be a Magician's Coin. This would fit into a larger coin, this could explain the edge ...the hollowed-out larger coin may have necessitated grinding down the edge of the smaller to fit inside. This is just a theory though.
As many others have said, the perimeter of the obverse face was mechanically eroded. Ground off or polished off, in other words. The sloping surface is characteristic of such alterations and is incompatible with any planchet or striking error.
It appears to me that "In God We Trust" and the "L" of Liberty is smeared into the supposed grinding area. Is this in fact the case?