Not my series or country - but the dies look hubbed. The date appears to have been added after the hubbing was complete - each digit of the date is uneven both in height and spacing. I also think is see a bit of doubling on the base of the 4 at the right side. I also think that is what is protruding under the 9 - simply a trace of a preliminary set of the 9 punch by the die sinker. Double punching of a single digit or a series is very common in the early hubbed dies. The hubs were normally undated so that they could be used for dies in different years.
If this were a 9/8 - I would expect to see more of the under digit - the 8 - within the loop or by the tail of the 9. Certainly since the 9/8 is so scarce and high priced I would expect it to be a bit clearer.