Looks like a flattened fin from a coin that was struck with a tilted die. Just spendable. If the fin was present, then it would have a little value. That is why the rim looks like that. But what is a fin? http://www.error-ref.com/?s=Abnorma...ike:+Finning A fin is a thin are of metal that squeezes around past the collar: Once that area is flattened, then the coin is not a collectable. (like your coin) But that is why it looks like that.
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