It does not appear to be extra metal to me.
All of the metal which a coin has,
has to be provided by the planchet before it goes to the coining press.
The small blob of metal near the 'V' in this case has been displaced from the adjacent gouge.
The result of
PMD.
Sometimes, evidence of fine die cracks left on a coin show up as leaving some doubt in the mind of the viewer if there is a ridge (indicating a die crack) or just a scratch on the coin.
To confirm if a die crack or scratch, it is best to take two pictures, with light coming from greatly different angles.
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One year type, and only 3.4 million minted.
For a Canadian type collector,
tombac beavers are quite difficult to find outside Canada, especially so in MS grades.
Edited by sel_69l
08/04/2017 8:31 pm