odd ball in a box

bomber

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got this in a box of halves today on the face side it says GEORGVIS VI D : G : BG : OMN : REX F : D : IND : IMP.(HP for the mint mark).on the back its says one penny 1938,and it looks like someone took a soldering iron to it.anyboby got any ideas?worth keeping?the back looks pretty bad
 

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Sounds like a British penny that was affixed to something in the past, as jewelry maybe?
 

thanks immy
 

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