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To my eye, that V75 mark appears to have the lettering as level with the coin's fields, produced by a sunken background.
this makes me think of the 1913 type ll indian head nickel, the 'five cents' denomination lettering on the lower reverse, raised up from a sunken area. I realize the difference between the two, one is a denomination ('five cents') and one is a privy (V75), but the same effect (re: the V75): raised lettering from a sunken area. I presume the surface of that 'five cents' lettering was about the same height as the other devices, a fix due to the type l lettering issue.
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"mintmark" denotes the place the coin was actually struck,
typically a raised from the field design element
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"privy mark" denotes a die-struck mintmark-like design element,
it can be a letter, number or device raised from the field or raised up from a sunken area
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and "counterstamp" is a punch applied to the coin post-mint.
incuse element somewhere in the field.
yeah?