Looks as though it was pressed into something in circulation.Doesn't look like a mint error to me.I would turn that one back into the wild and make some kids day.
OK, thank you, then lamination peel it is. Here's my 1931 lamination, and you can still see some of the peeling. On the 1917, that's just worn off. I don't know why I couldn't figure that out.
On the 1931 example the coin is suffering from lamentation, but the real cause on your coin is what others refer to as the wood grain cents. This happens when the cooper planchets stock is from a poor mix of copper. Thus the lines you see on the coin. Some find they pretty, but give me a nice copper mix instead.
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