Agreed with above but its foregin and modern not U.S.To most because of those reasons its just a pound.
It would appear that there is more than just a strike through going on with this coin. It seems the die(s) producing the coin was damaged, or caused damage to the separation of the two parts. I'm not familiar enough with bi-metal coins to know how or what happened, but maybe posting this in World Coins would get you more answers.
There is corresponding marking, only fainter, on the reverse. Whatever happened to the obverse was with sufficient force to mark the reverse also.
I believe the striking process provides the force that joins and seals the inner disk and outer ring. The expansion of the metal helps hold the bimetallic coin together. (Please correct me if I'm wrong, I wasn't able to confirm this with a quick search) If there is grease on the blank, it could be forced between the inner disk and outer ring and would block metal movement during striking, just as it does on the obverse/reverse surface. I believe this explains the anomalies at the disk/ring interface and small area on the reverse. I could be wrong but it sounds like a reasonable explanation, at least IMO. Any other thoughts? Edit to add: the angular notches on the reverse bother me a little and I don't think grease explains them
My immediate response was no shit Sherlock, no offense intended pls I do see paddyman98's name quoted in copious amounts (Purely for comedy value)
