@vsk, it is a little hard to see clearly when you keep the coin in the 2x2 for your pics. With that said, this most looks like a cent that has been purposefully squeezed between two others in order to simulate an error. We call these "vise-jobs".
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
The reason they call this a 'Vise Coin," is the letters that are mirrored on the coin. They are transferred from another coin in a vise that squeezed this coin and another one together make a mirrored image. Mirrored in what sense? The devices look like the actual die. These devices will be incuse on the transfer. The design will be also incuse (not raised on the coin) This was done after it reached circulation. The rim will leave an incuse mark from the other coin. So it was copied not from the die, but by another coin. So this is a damaged coin. If it were transferred from a die, then the devices would be raised and not mirrored like actual coin. Just spendable now.
CoopHome: What does the term "Vise Squeezed Coin" mean? This is done post strike. Damage to a coin.