So going through some decent war nickels I got a while back in a lot and found what appears to be a RPM with a clear S going northeast. Hopefully the pictures show it well. I can try to get clearer pictures later. I looked online quickly and couldn't find this variety listed anywhere. Has anyone seen this one before?
Looks like CONECA RPM-001. Here's a link to Mr. Wexler's RPM page (he classifies it as WRPM-006, so you'll need to scroll down) with a clear photo that looks to match your coin. Look for a huge die scratch under WE. Nice find!
Looks like this is it. Thanks for the help on this. Here is a close up of the obverse with the die scratch by WE. Just for completeness here are pics of the full coin. It has some nice color that really looks nice in hand.