This is a neat little token of William Penn and Pennsylvania's Bicentennial. It was struck in 1882 by the US Mint in Philadelphia. It's brass, 25 mm,with a plain or smooth edge design. It was made to celebrate the 200th anniversary of the state of Pennsylvania and the person the state is named after, William Penn. The obverse features the Bust of William Penn facing three quarters left with the date 1682 and his last name. The reverse has: DISTRIBUTED BY EMPLOYEES OF U.S. MINT DURING THE CELEBRATION OF PENNSYLVANIAS BI-CENTENNIAL. Then it has the date OCT. 24, 1882. Pennsylvania's Coat of Arms (so to speak) is on the center. As you can see, the obverse is a slight MAD or misaligned die strike. His nose has a shine but that's from a small scrape. No metal is missing but it did remove the toning. I can't see any missing or moved metal. While not graded it appears to be a very strong XF but it could make a light AU. Now if that nose just retones.
I have one of these as well. I have a lot of family in PA so this was kind of an impulse buy a while back.