Then this leaves the only possible way this could be PMD is for it to have been done with some type grinder and this is not possible because all of the original mint luster is still on the coin and even down in the valleys of the sunken in areas.This coin is at least MS60 condition. If the mint luster was not still present then I would have declared it PMD and threw it away.
What's everyone's opinion of what caused the coin to be this way ? My opinion is that it was struck thru a worn out coin that was stuck onto the die which is called a die cap . but I can't think of what made the sunken in valleys that goes all the way from the coins edge and completely across Lincoln's head unless it was the ejector finger or part of the collar got broke and got between the capped die and the planchet and kept sliding over between every strike because it looks like part of the collar was missing in the worst effected area.
Anyone can call this PMD all they want to but I have collected and studyied error and variety coins for at least 40 years and I'm sure this coin was done this way while it was still in the die.
If I'm remembering right someone else had a identical coin to this one on this forum not long ago and we all told him it was PMD. maybe his coin was different because I can't remember it very good.
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