It sure looks like that. It's an unusual shape for a "die cud," whereby the die is missing metal and a raised spot corresponds on the coin. It could be that. But whatever it is, it does not add much value to this otherwise common coin. Plus the dark oxidation spot kind of cancels things out. So it's one for the "dollar bin."
📋 Item Submitted
1953 wheat penny , on back side it appears to be the number 1 printed on the left side on the wheat.
M
Marc's Expert Appraisal
ANA-Certified Numismatist · Hudson Valley Numismatics
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