Looks like the coin was damaged by heat, such as from being in a house fire or the like.
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Author "The Enigmatic Lincoln Cents of 1922," due out late 2025.
Answers
Looks like the coin was damaged by heat, such as from being in a house fire or the like.
Definitely PMD... first glance, I thought maybe cast, but upon closer examination, I agree with the good Captain...Cheers, RickO