@jrey, first welcome to CCF. Second, it is a little hard to tell from this pic, but I do note that the '69-S cents are rife with great examples of MD. I suspect this is one too.
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
Typical Machine Doubling. Even the big DDO examples, most examples show the Machine Doubling as well. This was very common on the 1968-1972 cents. Just a normal die coin with MD added by the machine after the strike. On a doubled die, the hub doubling is on the die. It doesn't happen by the machine, but by the die. (otherwise, the reverse would be showing the same thing) Its not, it is on that die.
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