I was going through some IHC I had and noticed that this coin had a something going on with it. You can see where the raised area crosses the S and the T, then shoots North then West. It completely closes the bottom loop of the S.
Looks like displaced metal, not a strike through. You can see the depression where the metal came from and was pushed up to the spot you see.
Usually when something is struck through, it makes an indent in the coin in the shape of the object. You are thinking it may have been retained on the coin when the coin is struck, but you can still see where the metal was pushed up in the 3rd pic from damage.
I see. I've also read in The Price Guide to Mint Errors, that it would be incused if the wire fell out but can also be completely in the surface of the coin, showing as the wire embedded in the coin metal. They have an example of a wire embedded.
Yours is not a wire embedded in the coin. As Agilmore said, you can see where the metal has been moved. Nothing but PMD.
I guess what's throwing me off is in the first picture, you can see where the damage comes from the rim then to the bottom of the S but the then there's metal closing the loop of the S, which is quite away from the line coming from the rim. The other thing is, how rounded this anomaly is. When I hear being pushed up, I think off one side being pushed up, while the other side does have some disfigurement but not rounded like the opposite side.
The only other thing that would come to mind is a lamination error, but I still think it's just damage.
Lamination error are not the product of clad coins. They result from imperfections in alloy mixes. They are seen more often on solid copper alloy (cents) and Nickel alloy (nickels) coins. They also are real common on war nickels.