Is this 1902 Indian head Penny a "wrong stock" coin?

Penny has what appears to be a silver laminate covering bronze base. Silver has begun to peel ? Could it be a relaminate after minting? Good detail in areas not peeling. Sorry for quality, first time post!
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gumby1234 Posts: 5,591 ✭✭✭✭✭
Plated for sure. A silver IHC would be cool thou. There must be one somewhere struck on dime stock.
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Plated most likely after it left the mint.
bob
Agree, unfortunately you can see the copper indian cent composition under the plating that is beginning to peel off.
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Thanks everyone for the verification. Seemed too good to be true but haven't seen a plating peel. Mercury would be a real pain, but now I will treat it more carefully.
@JRDelectron .... Welcome aboard. Mercury usually would not 'peel'... it just wears. Not sure what the plating is, but likely the coin was not properly cleaned prior to plating - thus allowing the plating to peel in the contaminated areas. Cheers, RickO