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That one would say "OUCH!"
I have a bag full of stuff like that from box hunting. The last time I took them to a credit union, they told me the Fed won't redeem them anymore. I don't believe that. More likely the carrier doesn't want to be bothered.
I believe banks are passing these out but won't redeem them. These are repaired coins and they are treated as normal currency coming into banks, sent to counting houses, rolled and sent back to banks and finally being issued. But coin that fails to go through the counter and damaged coin returned by clients are not redeemed. You simply have to spend them one or two at a time.
The counting houses used to ship a lot of this to the FED and other damaged coin from incinerators and the like such as what fell out of recycled cars. But, my understanding is they won't accept them any longer so more are ending up in landfill.
Most of these are easy to fix with a couple well placed taps with a hammer and a little filing. I've seen some repaired coins that circulated for years as evidenced by heavy wear on the repairs.
I'm not even sure the FED is pulling out worn coins any longer. When they get too thin they won't operate machines but the rate of wear is very low now days because the coins get scratched to death instead of worn away.
Time don't fly, it bounds and leaps.