To your point,
The "artwork" on this coin is raised, but the lettering is incused. So, damage - likely from a Coin Wrapping Machine - would appear to skip over the letters as if it were there before the letters.
That should explain what you are seeing.
The "artwork" on this coin is raised, but the lettering is incused. So, damage - likely from a Coin Wrapping Machine - would appear to skip over the letters as if it were there before the letters.
That should explain what you are seeing.




























