I can't argue what this is but there was a thread about this look. It's been a while but folks were saying it was caused by a worn out hub or die.
A worn die will make/allow the L to disappear. The L on your coin has been pushed to the right due to contact with what I suspect was the edge of another coin.
Wow no wonder why you guys are professional .I look at all angles, take everyone's advice thank you very much.