1941 wheat penny missing letters

I found this 1941 wheat penny with missing letters like the I in Liberty across trust light strike on the 1 in the date l b in Liberty then on the reverse is this damage or a error..

 

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The "O" in one and the "AM" of America is a common weak spots for a LWC, due to being opposite Abe's head and shoulders. Same spots on a LMC.
I would check the weight. The weakness on the front could be from Debris filled die
or a thin planchet.

 

Coin rolling machine Decades ago also could have whacked off the 1 and I.

 

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Either it’s damaged or it was struck with a filled die. Either way there’s no real premium for it.