This coin has not been cleaned or altered. Is this a struck through debrie, defective planchet, post damage? It does not have evidence of corrosion. What caught my eye is the TY in LIBERTY, the TY is lower than LIBER. What would cause that?
It's easy to see that you don't know very much about error coins but don't give up. keep on trying to learn and you will enjoy the collecting hobby more after you learn more about coins. there is nothing wrong with the word liberty , this is just the way the mint made some coins. The severe pitting on your coin was probably caused by some type acid or the coin may have been underground and eat up with corrosion .
Sarah,I agree with rlm, and also if you look carefully at the top of the T and the Y arms, the metal looks like the letters were up to start with and got scraped downward a little Also the leg of the R seems altered which adds to the oddness. You have good eyes Jim
1929 Thank You all at Coin Talk for responce, I keep everything! I just bought a big lot of 1938-1970 Jefferson Nickels almost all are flawless. But, I don't collect Nickels, I also got in the same lot 5 whitman folders from 1909-1977 and a box of Wheat cents. Right off the bat I found a 1944 D over S I already posted photos in errors on CoinTalk would that be a collectable error? It may grade at MS63 red real nice penny!
If you look at most 1929 Lincoln's the 'TY' seem a little lower from the mint as in your coin from Philly.