Hi, first post; thx to JB and his youtube channel. I found this going thru some pennies and don't know what to make of it. Normal wear and tear? The L in Liberty has me wondering if it got rolled thru a machine.
Looks like some PMD going on there.. That means Post Mint Damage. It is due to circulation wear and tear. You can see it on the Letters and Numerals. Welcome to CoinTalk Peace
Post mint damage. That coin has been around for 55 years and has had many sessions in commerce. Welcome to CT!
If this YouTube channel is so great, why is it not providing you with answers to your questions? Seriously though, I'm glad you came here because you're much more likely to receive solid information. While far from perfect it's a much better investment of your time. If YouTube was the gateway so be it. As others have said it's just damage. Welcome to the forum.
If you look around at more than just the LIBERTY you can see circular scratches around the coin. For instance: (a) look at the shoulder and the arc'd marks that go from the front of Abe's suit over the shoulders, then continue up to the "E" messing it up. (b) if you look at the L you can see a thin circular mark before and after it. Learn to look around the coin for damage and how it is defined and how it could continue and what it may hit. Learning to look at the entire coin rather than small portions of it will teach you more about how it ended up looking like it does. If a coin has damage all over it, then you can be fairly sure that even the letters and numbers can get damaged .. certain portions of coins are not immune to damage.