eek, reminds me of the orange peel on nickels from worn dies that was too common during the 1950s and 1980s, I think the OP's coin represents a very late die state
It almost has the appearance of being stuck through a late stage die cap, but I don't think that happens anymore. Just from the blurred nature of the devices, I almost wonder if it was plated with something. I guess Die Deterioration could explain it? Better pictures with less glare might help.
Guys, I'm just finding it hard to believe that in 2023, the Mint let a die get that bad without catching it. To me, this nickel looks acid damaged, plated, something that is PMD.
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