This is from an uncirculated set of Steelies. The 4 in 1943 and the MM appear weak. I don't see signs of PMD. Is this from a grease-filled die, strike-through, or something like that?
If the pictures appear to show wear it is an artifact of the USB cam-- there is no wear on high points. The faintly appearing L in LIBERTY is the results of lighting angle. There is nothing wrong with the L.
Related-- is there any way to get rid of rust on these Steelies without harming the rest of the coin, or should I just leave it alone?
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