I don't think it is PMD. Looks more like a Planchet Lamination. De-laminated. Lamination issues sometimes get confused with phantom lettering. We've had discussions with other members in past threads where they swear the Cent was struck over another coin.
I thought the skid mark running between his head and Liberty, that continues down onto his collar, looked like PMD. No?
I gave you a great attribution.. It's a Lamination Mint Error. Sometimes they extend that much.. Now take it and run! Enjoy! Here is a example of how huge a Lamination can be from my collection.
Above Liberty looks like PMD but I'm not sure what that is on the coat collar.It looks like it may be a small area of lamination