India - Madras Presidency. Half Pagoda, ND (1808-1811) - Error!

Re cut die, something like an overdate.
I suspect a die cutter human error originally 'PAGDDA' re cut to 'PAGODA', but with the serifs of the 'D' remaining.

With current minting practices 210 years later, such an original error die would have been destroyed, rather than used for production.

The coin itself is a desirable collector's item in quite nice condition.

The example on numista is the same:

https://en.numista.com/catalogue/pieces25913.html

They mention that there are a number of varieties known; you might have to pick up a specialist book to articulate it's rarity or value.

If you haven't already been told, drnsreedhar is our resident expert in these more obscure Indian types.

EF, British grading.
I only use Sheldon for U.S. coins

For a die pair made 210 years ago, my guesstimate is that around 50,000 coins could have been struck from them.

Most of these would have long since been recovered and made into other coins, or converted into bullion, or to be recycled for non coin purposes.
I would guess a survival rate in the hands of collectors of well below 1%.

I have seen this type turn up at public auction 4 or 5 times in the last 10 years or so. Because they have been public auction lots, they tend to be in much better than average condition for type.

This bad boy has been graded by NGC as MS64.