"IdesOfMarch01, asks: "Could this coin have patched/filled?" Let's get this out of the way, I'm no expert. That said NO! Well yes, it could have been patched as there are very few absolutes. However, I have seen patched ancients and they do not look like this. Therefore, IMO the red spot you circled is one type/color of corrosion we commonly see on ancients, colonials, tokens, medals, and cents made of copper alloy. Take a look at the coins posted by @zumbly. Same thing in another form. Perhaps one of the chemists here can tell us how the chemical formula for "red" corrosion differs from "green patina."
We probably do have many different definitions as I am an ignorant newbie and you are considerably more experienced. I say this respectfully as I am here to learn. Funny you should say that. It did occur to me that my drachm might have been a "Z" coin but who knows? The sand patina came right off on my fingers but that happens sometimes. I agree. I didn't want to post the original photo out of respect to the seller and besides I suspect I probably messed it up by cleaning it! It did originally look better. I can't possibly accuse anyone of "doctoring" a coin when so many coins change hands. I should have chosen my words more carefully in my original post. My questions about flan flaws or die defects will have to wait I guess.
Liver spots on my Ancients... oh well... Not too worried about calling out the chemists or the cavalry. They are just COOL! Thanks @John Anthony and @Valentinian ! KYRENAICA Kyrene Æ25 9.6g 250 BCE Diademed Zeus-Ammon r - K-O-I-N-O-N; Silphium plant; monogram SNG Cop 1278 BMC 16-19 Sicily Syracuse AE Onkia 12-10mm 1.4g 425-415 BCE Arethusa - Octopus BMC 249 Sicily Kamarina AE 15mm 3.4g 420-405 BCE Athena Owl Lizard 3 dots Sear Gk 1063 Egypt Ptolemy II 285-274 BC AE 17mm Eagle Cornuc SV 762