Help Identifying 1969 S Oddity.

This is probably something obvious to most but, could someone take a look at the attached picture and let me know what's going on with the 1969 S on the right?

Thanks!

 

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What does the reverse look like?

 

I do believe it is a misaligned anvil die.
The below is an extreme example.
http://www.maddieclashes.com/misaligned-anvil-die/
It falls in the category of striking errors.
http://www.error-ref.com/part-vi-striking-errors/

 

Thank you, for both the identification and the link! I think I need to spend some time reading on that site. lol.

 

I find new links every time I look, It's a very in depth site, for those who want to learn.

 

@samthul
I like to collect Misaligned Die Strikes.
Here are 2 from my collection -