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Picked up this 1857 Mexico Zs MO 1/2 Real- Die Variety or error?

I've been recently getting interested in early Mexican coinage. I have a couple pieces now. This one caught my eye on ebay because it has a few different things going on with it. The obverse displays a neat looking die break. It also looks to be either struck off center or struck with misaligned dies? Not sure if this is common with these coins. Thanks for any feedback you can provide.

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