More than likely caused by an overabraded die because the remaining detail is the deepest part of the die on the ponytail. A Grease Filled Die tends to create isolated and random weakness while over abrasion will create specific areas of weakness such as the nose on this Merc-
Yes, overabraded is more or less interchangeable with die polishing only to a more excessive extent. An overabraded die was the cause of the 3-legged Buffalo nickel(not that my Merc compares to that)
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