I'm going to offer a different opinion, so before anyone goes sending emails and making phonecalls across the country complaining that I'm cutting apart someone's credibility, please note that this is merely an opinion backed up by some observations. It is not my intention whatsoever to attack anyone's credibility, as I hold the previous posters in high regard.
(Jeez... what has the world come to when I have to preface my posts by such disclaimers?)
Based on the image provided, the OSD is in the correct location, as is the background lithographed layer, according to the cut. The only element out of position is the intaglio layer, which is shifted approximately 1cm or so to the left. So, if I were to classify this error, I would suggest that it be a "print out of register" error. The cut seems to be correct.
Logged
BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.