Quite possible that glob on front is glue, slightly irregular for a Cud but do need to see if there is a weakness as Coop mentioned on upper left stalk on reverse. Soaking in acetone for a few hours may tell too.
Looks like it wan't there when the coin was struck. It is were a Cud, then the E & P on the EPU would not be there. So check to see if it is glue? It may have been on there for some time as the reverse rim is lowered a bit during circulation.
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