If, as normally happens, the die strikes the planchet dead center, no high rim will result. The die has to be slightly smaller than the collar, so that the edge milling can be struck up. That means there must be a visible, but tiny, amount of free play between the collar and the die.
If either are very slightly off center, a high rim of this type can result.
High rims of this type are reasonably common. Happens at all Mints around the World.
By my direct measurement, from a die in my possession, the typical clearance between die & collar is (for a collar without reeding) 0.1 millimeter. Hence the die is 0.2 mm smaller than the finished coin.
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