On the edge photos, notice how the copper core is NOT dead-center - on a clip like this, the copper core/band is always closer to the obv. or reverse side of the coin, due to the Gang Punch punching thru the clad strip - that motion of the punching tool compresses (if that's the right word) the outer clad layer down, (in the inside of the clip). You can see the exact same phenomena on ALL Missing Edge Lettering Dollars - on the smooth edge, the copper band is always closer to one side of the coin than the other, due to the punching process. If you ever see a MEL dollar, for example, with the center copper core exactly in the middle of the edge/side of the coin, it' been buffed.