What's this called

I found a 82 P penny that has a raised area just inside the rim that goes about a third of the way around. I was wondering what that's called and if it's anything?
"Learning something new every day"

 

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I believe it's a form of die deterioration. @paddyman98 can tell you.

Chris

 

nice shots though either way!

 

Thanks hopefully he'll know if he checks out the post. I don't like to bother anyone by reaching out directly to them.

 

I believe it's called a ridge ring. Check this site: http://www.lincolncentforum.com/terminology-list-q-r/
Scroll down to ridge ring. As @cpm9ball said; it's from die deterioration.

 

I call it common.

 

Yes to Ridge Ring. Die Deterioration strike.
It's never a bother to me. Unless it's a variety question because I'm not interested in Doubling nor WAM or CAM issues.

 

Thanks to everyone as always your a great help.
"Learning something new every day"