Is it convex toward the obverse and it starts on the field side of the devices, if so I've seen similar with other coins. I always figured PMD in cases like this. I don't believe any part of the minting process can dish a coin?
I thought it was from over-polished dies. Die subsidence would be another possibly possible option, though that effect is usually associated with die cracking.
TerryT : Can you expand on your answer? I'm curious about what you mean.
Too little or too much pressure. Whoever set up the press had something a little bit off; die a fraction of a millimeter too thick, not locked down tight enough, thick or thin planchet, slight difference in the metal ? The settings for one set of dies may need to be slightly different from another - they do test runs when they are changed and this one didn't get set perfectly.
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