Found this quarter in a roll of nickels

[CJ9]

I think it is PMD, not a mint error.
Seems like someone took a lot of time to do this

Any thoughts/ideas would be appreciated.
Thanks

 

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[jewelerguy]

looks like it spent a good while rolling around in a clothes dryer

 

[Back-of-the-boat]

To me it looks like the beginnings of a coin ring.

 

[CJ9]

I am just going to throw it back in a roll at some point