Unstruck obverse with a memorial reverse that’s magnetic

Came across this coin the other day after receiving my change at the store. Is this even possible? It’s a penny with an unstruck obverse with a memorial reverse and is also magnetic.

 

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It's a copper shell with some steel blank placed into it. Probably some kind of magicians coin that got lost from a magician.

It's not any kind of mint error.

 

I was starting to type the same thin Paddyman said but he beat me to it. So, what he said.

 

Judging from the copper rim in the first image, I'd say that the obverse has been cut away somehow. ~ Chris

 

yup, someone with a lathe or milling machine bored out the coin and popped in a steel slug, i once bored out a nickel and a quarter on a milling machine, worked at a machine shop and needed to practice using a new machine and i got bored practicing on blank steel stock...