This is an obverse die trial of the 1916 McKinley Memorial dollar struck in nickel with a reeded.
2 examples are known whose pedigrees were inadvertently combined into one as follows.
1) Lohr, Batchelder, Kaplan, Swiatek-Heritage 1/15 FUN, Heritage 8/17 ANA - NGC63, illustrated above
2) Curtis, Ford, Auction 80, Swiatek-Heritage 1/15 FUN - NGC65, illustrated below.
Photos courtesy of Heritage.