I've been a coin collector for years and amazed at how much knowledge is needed. First, I want to express my appreciation for volunteering your time to answer questions. Second, as a silent post stalker on coin community, I'd like to ask a few questions about the replies that relate to the coin posted and an observation from over the years. They are not challenging the expertise, truly, to understand, and reluctant before because sometimes others have asked innocent questions and seen as ungrateful and get chastised. This is a learning and sharing community that is valuable and no one should feel like they are walking on eggshells. (respectfully)
The coin is actually in pretty good condition and really, not as beat up as the pictures may indicate. My cell camera exaggerates subtle nicks and scratches that appear much more (which, I should of mentioned, my apologies)
Clarification on the comments, so I learn and understand. I did research vending machines coin damage...pennies were only used in gum-ball machines(some arcade - but those slide, not turn) Wouldn't there be a circular impression under the letters to support? In Liberty, the I and B obviously not vending machine, looks more like
Die Deterioration but would appear in other locations, not specific? Is that correct? "In God We Trust" there is a cut mark visible in the "N" and under the "U" in Trust, traces of the whole letter. Lincoln's Chin has a notch or what appears as doubling with die scratches but usually doubling on the bust on coins is typically MD? Plus, no other doubling indications. The "8" in 1948 is idk, looks partially shaved off?
A On the reverse, north west of the "U" looks like a die chip and uncertain about why the "I" looks bent and the "B" looks tilted.
There isn't consistency that seems to apply to just beat up or vending machine. I'm asking, not for the big bucks, but because the comments (again, appreciated) seemed to base the answers on only the condition, if it's a "key" date for known errors...etc. In the past, I've asked and others about coins that were not "key dates", said ...machine doubling...then, "newly discovered doubled die". Not criticism, because there are many who argue and want their big find to pay the mortgage...but, how do you ask about a coin without sounding disrespectful or have to walk on eggshells? I read a comment where they said, "if they don't like what we say, don't come one here?" lol, wow, right?