No, that's what ebay calls a "poorman's doubled die". It's die deterioration doubling. This link explains it all: http://www.error-ref.com/die-deterioration-doubling---raised.html The big one from 1955 is so noticeable, you could be walking down the street, see a cent lying on the ground, and know it before you picked it up. There is no mistaking it.
Every store I go to, I always scan the ground as i walk in. There's no telling how many cents and such I have picked up.