I hate to say this, but someone is going to need to explain where that "2" is to me. 
The cracking around the 1 is really cool. That's an uncommon pattern for Morgan die cracks. Can you have a look between the ER of AMERICA, to see if there's a small die chip there, right between them at the top?
I note from the last pic a vertical line extending upward from the eagle's wing towards the "n" in "In." That's indicative of a die clash. 1885P's are known for clashing, and there are three or four specific clash-related VAM's. Those have the common feature of a portion of the "n" in "In" showing next to the front of Liberty's neck, and it's worth your while to check this area very closely. Here's a link to the VAMworld page of one such VAM, with good pics of what the clash would look like if your coin has it:
http://vamworld.wikispaces.com/1885-P+VAM-4A
The cracking around the 1 is really cool. That's an uncommon pattern for Morgan die cracks. Can you have a look between the ER of AMERICA, to see if there's a small die chip there, right between them at the top?
I note from the last pic a vertical line extending upward from the eagle's wing towards the "n" in "In." That's indicative of a die clash. 1885P's are known for clashing, and there are three or four specific clash-related VAM's. Those have the common feature of a portion of the "n" in "In" showing next to the front of Liberty's neck, and it's worth your while to check this area very closely. Here's a link to the VAMworld page of one such VAM, with good pics of what the clash would look like if your coin has it:
http://vamworld.wikispaces.com/1885-P+VAM-4A




















