Bought this yesterday. I really liked the errors on the reverse, there are multiple missing parts of the letters. Not sure about the date-the 69 looks larger than the 18. Any opinions? Here are a couple of closeups.
Those are what are known as hub breaks. Those portions of the letters have broken off the raised letters on the hubs used to make the dies. With no raised area on the hub, there is no depression in the die and so no raised area on the finished coin. The shield nickel is WELL known for these broken letters. I think the record is something like seven broken letters on one coin. The are especially popular on the 1868 hub of 68 nickels. (1868 come from three different rev hub designs.) All of the hub of 68 dies came from just one master hub and it is possible to trace the deterioration of the hub as one letter after another develop breaks
Neat coin. Appreciate Conder101's lesson on hub breaks. While I've spotted many a die break on shield nickels, I've not noticed any partial lettering such as yours illustrates. Makes me think I need to look at coins with a more studious eye! The most such glaring nickel I've found is a 1912 liberty that has eleven stars; arguably 11.3 stars. That nickel is far more eye-catching to me than a three-legger. I'll post a pic of it here when I get more acclamated to using this site.