What kind of damage is this or is it??

Is it PMD? Maybe lamination? Is that slag on the bottom of the rim or more damage?

Obverse just for comparison


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I call these rim dings.

 

I have to first assume PMD because it's difficult to imagine a die failure mode which would look like that. The two locations of the problems exactly opposite each other on the reverse tends to support the PMD theory.

 

Such a shame that someone at some point unknowingly killed the numismatic value of this coin.

 

With the two rim damage areas 180° apart I wouldn't be surprised if that coin was in a holder of some sort (belt buckle?) at one time.

 

Show a pic of edge it will tell us the most... Cause it looks like it's a scrape or ding and your major fields are as scratch

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Yes a belt buckle or in some form of a jewelry pin piece ,etc.