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I have a 1996 p nickel with a strange inner ring close to the rim on both sides of the coin, is thi
Nickelnut
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I believe it is some sort of damage that flattened the devices in the middle of the coin. Die wear would not explain the line in the fields and the lettering both, IMO.
I have not seen that before... will be interested in what some of our resident experts say about it. Cheers, RickO
You probably already have your answer, but to get @FredWeinberg to stop by you should mention him or at least use the word "error" in your title.
But, @GoldenEgg is no slouch - last year he was the first one to see that my double struck nickel was actually a 2016 struck over a 2015.
This is just an example of die wear.
This effect is also commonly seen on zinc cents.