@BWBS, first welcome to CCF. Second, I agree with the others that this pattern of damage is consistent with this coin having been encased previously. If you use the CCF search function in the upper left hand part of your screen with the keywords ENCASED CENT RIM DAMAGE, you can see several examples for comparison.
"If you climb a good tree, you get a push."
"The danger we all now face is distinguishing between what is authentic and what is performed."