I take it this might be filed down hahaha! Since when do you get errors like this one is alleged to be?.. corr.. must be worth thousands! http://cgi.ebay.co.uk/Canada-George-V-One-Cent-1914-Interesting-Error-rev-/190434780129?pt=UK_Coins_World_RL
Vicky, I think the value would be exactly the same, in merry ole' England. That's the thing with these big auction houses, they attract so much attention that it makes little difference what country it is being sold in.
I wondered if it was something like, if you transpose the second image on top of the first to fill in the spaces that seem to be missing from the ship, you form a complete image?... but it doesn't look right...a mystery LOL