I bought this a couple weeks ago on the basis that it was likely a forgery, the drilled hole often signifying that a coin has been "canceled" as a phony, plus some other anomalies, making this a reasonable initial presumption. However, the coin's weight came in at 26.9 grams, and measuring its specific gravity yeilded a ratio of 10.33+, so it doesn't seem to be made of a debased alloy as would be expected of a contemporary counterfeit. Also, what I took to be signs of its having been possibly cast have been pointed out to me to be more probably evidence of an overstrike. Unfortunately, even if genuine, it's in pretty rotten shape, Besides the hole, there is a large "JIZ" (or so it appears to me) hand inscribed shallowly into the Phrygian cap, as well as perhaps ten other mostly indistinct letters near the bottom rim of the obverse.
Hey this looks familiar Didn't you already get your answer on the other forum, that this is a genuine coin with overstrike.
Yes - does that preclude me from sharing here as well, and eliciting yet more opinions? It is an interesting piece.