I see some different things going on at different locations, and I wonder what parts of the
legend you are referring to.
I see some evidence of die rust on the
obverse, particularly at the DNAN, the IVS, and on the bottom of the breastplate. But then there seems to be something else odd about the STA at the top. These letters do not seem properly cut, or perhaps there was something about the strike, or perhaps there was some damage -- which may or may not have coincided with the holing.
On the
reverse the issues are different. I do not see evidence of die rust. The strike is even, and the letters are all clearly readable -- but it looks like there may be a double strike or
overstrike. In particular, the
border looks odd and uneven. There is a very thick
border at seven o'clock, which becomes quite narrow at nine o'clock. From two o'clock to five o'clock, it looks like the tips of letters from an earlier strike are
still visible on the
border. At the B from
CONOB, and maybe also the O, it looks like a double of the letter appears on the raised
border.