would this penny have a die clash or is it the ghost effect that is caused by metal flowing from one side to the other? You can see the head of King George V clearly around the reverse.
To me that looks like the normal 'ghosting' that is commonly found on British George V pennies of 1911 - 1926. The Royal Mint modified the King's effigy in 1926 in an attempt to stop this effect, but they only resolved the problem completely in 1928 when they adopted a much smaller obverse portrait.
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