1987 Lincoln with Rim Crack! Planchet Error?

I found this 1987 lincoln yesterday with a crack running around the edge of the coin on both sides? I believe it’s called a planchet error? Thoughts please! Tks

 

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I think what you are seeing is a ridge ring caused by a worn/deteriorating die. They only appear on zincolns from 1982 onwards. 1987 is very common for these. IMO

 

It's not a Planchet error..

Here is another explanation of the same issue.

 

Thanx Paddyman u learn something everyday, how's things in ur neck of the woods? its raining over here.

 

…the cracking is split plating, associated with the deterioration along with thin plating and normal striking pressure. All of it is common and valueless.
imo…Spark

 

It's been raining in NYC all afternoon. Can't go out to do anything. But I need the rest anyway.