Actually it is neither. It is die wear. On the multi-hubbed coins the devices were strong than the flat devices were see on todays current coinage. When the die is starting to show wear in the LDS die state the wear starts moving towards the rims. At firt it just rolls over the devices and then after many hundreds of thousands of coins the wear show like spikes coming off the device. Here is an example: But note the bottom image in this selection of die state reverses: Your coin has not reach that point yet. You are seeing the beginnings of this die wear on the devices facing the rims.
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