1940 S US nickel error

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While at a coin show a couple years ago, I was given this nickel. I was told it was an error, but since then, have forgotten what the error was. I have tried, but cannot read the description on the cardboard flip. Please let me know what error this is. Thank you!
Topic moved to "Numismatic questions" (ZacUK, 12 Tem 2020, 21:45)
Looks like it says 'struck thru scrap' - and there is a little arrow pointing to
between the letters U and S where there is a minting fault, maybe.
Other than that, looks like the obverse is correctly aligned,
but the reverse is a few degrees off, maybe.
Token collector [1600-1899] with some coins
The reverse is correctly aligned, the reverse picture is just a bit crooked. Thank you!
Is it dirt or an error as shown ...

and do you agree with what I think that writing says?
Token collector [1600-1899] with some coins
Quote: "ZacUK"​ Is it dirt or an error as shown ...

​and do you agree with what I think that writing says?
​I agree with you on the writing, it doesn't appear to be dirt. Could it be a die crack?
Either that or a faulty planchet or a lamination error.
Token collector [1600-1899] with some coins
Quote: "ZacUK"​ Either that or a faulty planchet or a lamination error.
​Thank you very much for all your help!
Quote: "Michael m"
Quote: "ZacUK"​ Either that or a faulty planchet or a lamination error.
​​Thank you very much for all your help!
​What seems most likely? It is priced at $35.
https://en.numista.com/catalogue/pieces44.html
Would like to know what other members think also, but lamination error.

Information further down these pages ...
https://en.numista.com/forum/topic72055.html
https://en.numista.com/forum/topic48583.html
https://en.numista.com/forum/topic82074.html
Token collector [1600-1899] with some coins
I agree this is likely a minor lamination error. A lamination occurs when imperfections in the alloy of the planchet causes some metal to separate and flake off. This is very common on US nickels, especially during the 1930s and 1940s.

http://www.error-ref.com/lamination-loss-after-strike/
http://www.error-ref.com/retained-lamination/
http://www.error-ref.com/lamination-cracks/

$35 is extremely overpriced. Like I mentioned before, this error is very common on nickels from that time. Only extreme examples would have any premium to them. A minor lamination peel like the one on your coin will likely not add any value to the coin.
Creator of http://www.CRDieVarieties.com
Quote: "Tanman2001"​I agree this is likely a minor lamination error. A lamination occurs when imperfections in the alloy of the planchet causes some metal to separate and flake off. This is very common on US nickels, especially during the 1930s and 1940s.

http://www.error-ref.com/lamination-loss-after-strike/
http://www.error-ref.com/retained-lamination/
http://www.error-ref.com/lamination-cracks/

​$35 is extremely overpriced. Like I mentioned before, this error is very common on nickels from that time. Only extreme examples would have any premium to them. A minor lamination peel like the one on your coin will likely not add any value to the coin.
I would agree that $35 is too much, but I didn't pay anything for it as it was given to me. ​Thank you for your help and opinion!

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