This floating die clash is derived from a fragment that carried off part of the motto IN GOD WE TRUST.  The incuse, mirror image letters "OD WE" are seen above LIBERTY.  A faint impression of the rim gutter of the die fragment is also present.

This cud is listed in The Cud Book (Thurman and Margolis, 1997) as LC-74-1.  It is the most abundant of the six known examples of floating die clash.