1937-D Buffalo Nickel With Something Odd...

The metal on the E could be a die chip, where a tiny piece of the die broke off and left a void on the die, so that when the coin is struck it would leave a raised area on the coin. It's so small though, that it probably would not add any value to the coin. The D is PMD, looks like it took a hit.

Odd. And if you look closely under the "C", you see what appears to be a nearly identically shaped outline of the same thing, almost if drawn by a pencil...

If it is moved metal, it would be not really attached and could be removed. But if it is a die chip, it can't be removed.

Maybe pushed out of placed is the better terminology to us in this example.

jolson, I did not mean to say this metal is a lamination peel or loose in anyway. What I was trying to say was that the letter E took a hit, from a solid object, not a Q tip. After the hit, ding, whatever it was, the force relocated a small piece of the device (letter E) in this case. This would be PMD IMO, but even if I am wrong and it is in fact a die chip, there would be no real value added to the coin.

I know that you are not trying to be difficult, your good dude. That's what I believe happened, but I have been wrong before, and certainly do not know that much more than you, it is a constant learning process for me as well. But overall, for this particular coin, no matter if it was hit like I theorize, or if it is a die chip like others may suggest, the coin is not worth a premium to you as an error collector. If you are really interested in errors and varieties, then you must have a better understanding the minting process. To do this, get on youtube and watch some good videos on how the minting process works, this will help you understand how some errors, and varieties are created. Read this to- http://doubleddie.com/58201.html Then get a good book, read it cover to cover, make a cheat sheet, with the errors and varieties that you find the most appealing and start roll searching. A great starting book IMO is "Strike It Rich" written by Ken Potter and Brian Allen.

After looking at the pictures again I'm going to change my opinion. The bottom bar of the E has taken a hit which has "shaved" metal off of it and pushed it down to form the "chip". If you look carefully at the bottom bar you can see that thearea just right of the upright almost out to the end of the bar is lower than the areas just to the left and right of it. That is the area that got "shaved". It remained attached at the left end, pushed down and down against the field. With some magnification and some good light if you look at it at a very shallow angle you will probably see that it is not attached to the field under it.