Can anyone guess what is wrong with this 1947-D NGC MS65 5FS Jefferson Nickel? Please submit your guesses in the comments, and have fun with this one!
Now that you mention it, the reverse edge looks like what happens when I crack out a coin for my albums. Could this be a crackout, then substitute an inferior coin, put the holder back together, and send the original back to get an additional MS65 5FS? Then you would have two coins at that grade instead of just one. That would be an interesting scam that I would never think of. Except I guess I just did think of it.
It would not make sense to do that since the coin in this grade is barely worth the cost of grading (it's probably a $30 coin). And if you step one grade up, it still isn't an expensive coin (an MS 66 5FS sold on ebay for $75 earlier this month).