Well it does look like a lamination. Could it also be that the coin took a glancing hit from the right, hitting the rim and folding over the metal? I would love to see a close up of this.
I want to say damage due to the striation lines coming from the rim. I don't think laminations leave striation lines... check me if I'm wrong, no expert here.
It could be a Lamination issue or a struck through debris issue. Probably a struck through as it is over the rim of the coin. A lamination tends to peel on in a straight line a bit longer this. Some lamination issues looking interesting. Some lower the value because of the not being eye appealing. (Note below face value as a damaged coin is always worth face value) It appears the peel happened during circulation.
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