I also thought metal flow in the first photo, but seeing that the lines go OVER the devices (the ribbon), maybe die reworking is a better answer..
Edit: By chance I noticed this eBay listing, which I think is a reverese die match. https://www.ebay.com/itm/BELGIUM-5-...AOSwjF9fQ-PD
The die flaw inside the monogram is at an earlier state of wear, but the flow lines/die lines are very similar.
Edited by tdziemia
10/19/2020 10:04 am