I don't have too much experience with this type of error since they are relatively expensive, but I would say this is a first or second strike mirror brockage. I'm not so familiar with foreign coins. What country and denomination is it?
Notice the wire rim on the obverse, something you see when another planchet overlaps another like this.
Notice the wire rim on the obverse, something you see when another planchet overlaps another like this.






















