Not quite, but close. This coin was slightly off-center when it was struck. The collar against which it was struck was frozen in the "up" position. This forced up a flange on the face struck by the hammer die and produced a rounded shoulder on the face struck by the anvil die. A coin that is struck off-center but which is forced all the way into the collar by the force of the strike has been termed a "ram strike".
members, thanks for the help... Is it a common error? I got it for abt $11 after currency conversion... did I overpay?
"Ram strikes" are not that common, but neither is there much demand for them. I'd say you paid an appropriate price for it.