I think it is most likely environmental damage as apposed to any Improper Alloy Mix. https://www.error-ref.com/improper-alloy-mix/
Very interesting link. Thank you for it. I have others that may fall in the "Woodies" type. Am I wrong to assume that improper Alloy Mixed coins would be slightly above face value?
Looks like someone zinc plated it to me. I worked in a plating room at an electrical breaker factory back in the late 70's. We zinc plated all kinds of coins, just for giggles. Hell, that could be one of them.