I would say if we are taking about the same die and a flaw developing through damage/wear it’s not a variant of that die just earlier and later strikes.
If the die is a different one, even if those difference are slight, then it is a manufacturers variation.
With more the common badges which didn’t change for long periods the number of variations from different dies is likely to be huge and non-exhaustive.
As ever down to the individual what they collect.
Also some die flaws on certain badges are indicators of it being a restrike or fake.
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