I am aware your typically CUD is est $5-$25, but I've never seen one with such large areas of distortion, let alone both sides of the coin. If anyone needs better pictures let me know. A lucky find on laundry day for sure
If that was CUD, you may have lowered the value of the coin using a needle nose pliers to grip the coin. http://coins.about.com/od/caringforcoins/qt/handling_coins.htm http://coincollectingsecret.com/how-to-handle-coins/
If it were a real error it wouldn't be a cud. Cuds are only at the edge of a coin and are never in the middle. This coin is definitly PMD from heat.
Appreciate all the replies -- at least I'm finding out what it is. Couldn't help but be hopeful initially, especially around the holidays.