http://www.cointalk.com/t226911/#post1696950 If you look in this thread you will see a very nice dime die cap...compare... Your coin looks nothing like this. Die caps have a very unique look to them...
So why would it be PMD . Looks like a classical CAPPED DIE !?:smile Please explain your opinion of PMD conclusion
It doesn't look like a "classical" die cap... I showed you what one looks like. If the glove does not fit...
The coin looks to have been either machined near the edge to make the channel near the edge or its possible it has had the edge rolled... Without better pics there is no way to be sure... What I am sure of is that it is NOT in any shape or form a die cap... Nor does it have anything to do with a die cap. How many certified die caps have you owned?????
thought it was a die cap but I guess not !!! So again how did that error occur then and what type of error is it????
If it was a modern coin we would be calling it a dryer coin, a coin that gets caught in the fins of a commercial dryer and from the hundreds of thousands of impacts to the edge during the tumbling the edge spreads out to form that high rim, and reducing the diameter.
I suspect that Conder101 is spot-on. It is a little unusual to find really old dryer coin but it could happen to an Indian cent. It is stated on the Internet (so it must be true) that 10% of American households had a clothes dryer in 1955. You can search CoinTalk for "dryer". Here are a couple threads that depict dryer coins: http://www.cointalk.com/t17295/ http://www.cointalk.com/t198654/ http://www.cointalk.com/t43585/ P.S. a small diameter is indicative of post mint damage.