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BU 1964 Kennedy error find

Looking thru some newly acquired 64's halves and found this. Can anyone tell me if its a defective planchet or lamination error ? there are three separate spots around the rim on the obv. The rev. has about 8 separate missing metal spots. Any info on this is appreciated.
Obv. - Y in LIBERTY
Rev. - I in AMERICA, M in AMERICA


Obv. - Y in LIBERTY
Rev. - I in AMERICA, M in AMERICA


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The name is LEE!