Having found many "magician's coins, I can give you some ways to check this one.
Looking for the seam is sometimes fruitless, A little wear often seals the thing up tight if it is at the outer portion near the rim.
The first thing I look for is whether or not the two sides line up like a coin should or if one side appears rotated in relation to the other. Often when the two parts of these are initially separated, the person who puts them back together (In the case of some types of
Magician's coins) doesn't pay much attention to the orientation. So Coop has that part nailed right on the head.
The next thing to do is the "ring" test. These coins when dropped onto a hard surface like a table top will produce a "thud" instead of what should be a musical ring. Try dropping a good
SBA dollar. Listen to the sound. Then drop the two faced coin. If it sounds like a chunk of lead:-) Thud! there is air or adhesive between the sections that will deaden the ring.
One other thing I do and this only works if the tolerances between the two halves is not so good or their is any air between the layers. drop it in a small plastic container filled with water and look for bubbling from a crack or seam. It's like testing a tire for leaks.
I hope this helps. I suspect the "ring" test and the orientation of the two sides will give this coin away as a novelty item.
If it passes all the tests, then you may have a legitimate error but the likelihood is practically zero.
I hope this helps,
Bill