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Looks like it's a big lamination that was peeled off.
I think it didn't just fall off, it had some help in peeling it off.
The reason I say it had help is that the area above the line where the section is missing is a bit bulged out. I think that was caused when someone pulled the lamination off.
Still has some value, I'd love to have seen the coin when it was fresh unc and probably had that piece still in place but maybe lifting up a little bit.
A CUD is when the die breaks and the metal from the blank fills in that area AT THE RIM
A DIE BREAK is when the die breaks and the metal from the blank fills in that area not at the rim
Both of these things will leave a raised area of blank on the coin.
a die is reversed to a coin.. the area that is raised on a coin is sunk down into a die.
.....die drawing.jpg....any broken lowered area on the die ( a break ) will result in a raised area of the coin.
Your area looks sunk into the coin
A lamination is when the liquid metal had an impurity in it while being mixed and cooled ( a gas bubble... metal ( zinc, copper, tin ) not melting together and mixing... foreign material )
.
Yours looks like a Lamination that fell away.. either on its own or as already stated with a little help.... If the general person sees an edge of a coin peeling they may and usually try to lift it to see why.
Check out the terms Lamination, Cud, Die break in the glossary... you can find this at the top of the page in the black bar or with other information gathered in one helpful place on the LCF Home Page
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