I bought a bag of large cents, and this guy stuck out like a sore thumb. Beside the obvious lack of detail, It weighs 3.5 grams, and is paper thin. My question to the forum is, Why counterfeit a cent like this? Is it a new fake or an old one?
Looks like my acid dipped lincoln cents... where someone let them disolve for a while and then passed them off as error coins.
I was thinking that it was struck on a planchet intended for a private token. It's not unusual for them to be struck on thin planchets when they just have letters on them. Or the planchet was punched from strip that was just rolled to the wrong thickness. But I think the acid theory sounds better.