Lamination Error? Fake? I need help solving the mystery

The date is 1946 P. If you look closely there are letters, numbers and symbols all mixed up in what appears to me to be two distinct metals, copper and a silver color. If you rotate the main image you will see more images and clues.

 

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To me it looks to be 100% legitimate large lamination on the reverse. Perhaps some is retained and some has split off in the minting.

 

Nice one Penny.
That would be a retained struck thru foreign matter. Possibly a thin die cap. There is also evidence of a laminated planchet.

 

Looks like a genuine large lamination where a small sliver of the lamination folded over and was either struck into the coin or wore in from circulation. Nice coin!

 

Does PCGS authenticate this type of error when grading or do I need to go somewhere else for authentication?

 

I would check with them before paying the attribution fees. There are some errors that they don't recognize, also if the lamination/struck thru is loosely attached they may not slab it because if it came loose and rattled in the slab it would ruin the grade. I think that ANACS and ICG will slab it and attribute it no questions asked.

PS looking back Jersey may have it right. A folded over struck thru lamination.

 

I don't think it was scrap. I think it was a piece of the original lamination folded over. MHO

 

That’s what I’m guessing also.

 

Looks we’ll circulated

 

Nice find. I see the silver color. Is that ware​

 

It appears like damage from trying, or succeeding for a while, to attach a "pinning" device on the back which I tried about 70 years ago with a similar effect as I soldered it on.
- Young affection on the school bus.

 

Thanks Everyone. I am curious how all of the lettering, numbers and symbols got on there? You have to zoom in and or rotate. If no one sees this I can highlight or circle the areas.

 

Zoom in to see highlighted areas

 

Now you're overthinking it. There are no extra letters. There's no reason for what you think to be there. It's your imagination.
It's just a nice Lamination Planchet issue. Nothing else. Just enjoy your find.

 

Looking at you photos I’d say it’s a lamination error. Part of it broke off and some of what remained got folded over. That fold makes it look like damage to some and a struck through to others. The missing area has details in it that look like should from a strike through.
PCGS and NGC attribute it but it will be costly. I think ANACS is the best choice for this coin. Nice find and a good error.
Welcome to CT.

 

WoW, nice find!! Pack your bags. Your off to Walt Disney World.
Keep us posted on the attribution and grading. Okay?

 

The die fragment or matter looks something like this IMO. A partial thin cap that was free in the chamber could have been folded up and struck into the coin. This would show what we call pareidolia features.

 

Nice find. An interesting error coin for sure.
Do you have a weight for the coin? If coin is in normal weight range, it should give credence to the Struck Through theory.

 

I do have an imagination It will be going under a microscope soon.