I have not seen this before. Please note that the area in question is incuse and it does not appear to be PMD. Please also note the obverse MAD. Basically it looks like the opposite of a Cud. All opinions are appreciated. Thanks.
It is an indent strike, formed by the overlap of another planchet when struck. The mate would be a ~98% off-center showing a bit of T on the obverse and a uniface reverse.
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