
to the CCF! As others have stated it is a
Cud, when a die (the striking part of the minting process) begins to wear, it will form cracks which become visible on a coin as a raised surface, the dies are under tremendous pressure and pounding constantly, die cracks that form from edge to edge, sometimes begin to shatter or chip this type of
Cud is a chip out of the side of the die, can happen through careless handling of the dies during removal and cleaning as well.
This one is a really nice example, and even though the coin itself has been overtly cleaned and polished dimminising it's value somewhat, the
Cud makes it quite collectible in it's own right.
Since you are a new member I don't know your interest level in collecting coins, but thanks for showing it here, hope you stick around, and share, participate and learn, we are a pretty friendly group. If you are curious more specifically about
Cuds what they are and other examples see
http://cuds-on-coins.com/ This
Cud is unlisted there, I don't have my
Cud book handy to check if it's listed under a Thurman designation.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.
See my want page:
http://goccf.com/t/140440