Of coarse. I forgot to qualify my statement with that I always think of these when thinking about coins and collars. Don't ask me why lol
If it came from a lucky penny holder, wouldn't it be wider than a normal penny? Sandwiched between 2 penny's it is the same size.
Look at the picture shown in post #15 of this thread. The encasement goes around the Cent, it's not larger than the Cent. I have removed these type of Cents myself to see what they would look like and they look just as your does All you have is a PMD Cent. It came out of an Encasement.. nothing more.