Completely correct, although us old school guys would know what you meant if you had said “clipped”. And it has one of the best examples of the Blakesley Effect I have seen. Great coin, Rick.
Neat. Those Incomplete Planchets occur when they are cut out of the edge of the stock sheet. See the gray area on the bottom of this picture. Here is my example on an Ike
Wow, that coin circulated a long time before someone rescued it. I guess most people thought it was damaged and wanted to get rid of it as fast as possible. Like when you get stuck with a counterfeit dollar bill.