if you look at the reverse (with the Roman numeral III) and the very fine lines making up the bar of the I? Those are exactly opposite the high relief of Ms. Liberty's head.
As CoinsKelly said, the 25% Nickel, 75% Copper alloy is a whole lot harder than the 95% copper of the cent. The mint had a heck of a time getting these dialed in and successfully minting.
A little too much force and the die cracks or worse. A little too little force and there's barely any design. 1865 must have been the mint's annus horibilus. And the following years couldn't have been much better.
Keep an eye out for some mad clashes too - if the planchet didn't get into the coining chamber, those dies came together with a whomp. Which transferred bits of the obverse design to the reverse die and vice versa.
-----Burton
50+ year / Life / Emeritus
ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)
Author: 3rd Edition of the Sample Slabs book,
https://www.sampleslabs.info/