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Thoughts on this wheat cent ~ error or pmd?

Joe777Cool

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I have this 1940 wheat cent where the majority of "in god" is missing and the lettering in "liberty" and "1940" look off. Your thoughts?

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Damage. You can see where part of the lettering has been pushed upward.
 
Damage. You can see where part of the lettering has been pushed upward.

Any thoughts on how this type of damage could occur?
 
Rolling machine.
 
Yup, probably happened early in it's life, then natural toning disguised the fresh damage.
 

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