No, it's a lamination. Plus a nice wood grain Improper Alloy Mix! http://www.error-ref.com/improper-alloy-mix/
I've never seen crosshatched improper-alloy patterns. I'm willing to grant the lamination (across the entire bottom of the obverse), but that looks to me like a badly damaged coin...?
I have always considered this type to be a mottled woody. They are strange looking indeed. Nice lamination.
+1 I seen an 1909 Swith real nice color, and a spot like the op coin on the coin. You either like it or hate it situation