What causes this ?

I have this quarter that's all beat up. Would like to know , what would cause this ,if anyone would happen to know. PMD of some sort , or lamination problem, or just spend it. Has a little md as well. I know it sounds like a dumb question, but I am curious ! Thanks.

 

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Looks to be some form of acid damage along with coin rolling machine damage. JMHO.

 

The reverse (top of QUARTER) shows damage as opposed to any form of doubling, possibly due to a rolling machine.

As for the obverse, I could only speculate as to the cause, but cannot see how it could be anything other than damage.

 

Lightning fingers!

 

Thank you for all the advice.

 

Spend it quickly before it dissolves any further.

 

Better safe than sorry, right?