PMD for certain. Looks like it's burned, grinded and a hammer/smash job to create that gouge on the reverse. Also, it looks rather bent but hard to tell unless we got rim/side pics. It's worth a penny. I think you found a penny some kid was seriously trying to mutilate for fun.
If you're interested in finding error coins, you should learn what errors there are first, http://www.coinnews.net/tools/error-coin-price-guide-with-mint-error-photo-descriptions/ this site should help, but don't rely on the prices much.
Squeeze job. Notice how the raised rims of the other coins were pressed into your coin creating depressions on the obverse and reverse.
It is worth face value but your coin has no numismatic value. Error collectors (perhaps I should say most error collectors) do not collect damaged coins such as yours. Why would someone pay a premium for a damaged coin when they can make one just like it by pressing a couple of coins into another coin?
Which is perfectly fine. There's never a stupid question and not knowing, well, that's why you're apparently here to ask and learn.
No problem. We are not born with this knowledge. If you plan to collect error coins you should learn how coins are made so you will understand the difference between a damaged coin and a true error.
The post you are referencing is gone, so your post below may be unneeded. I will remove if you wish~ Jim Your kidding right?
