Here are some pics for reference:
Note how the right foot shoe does not have the chip.
Left Foot Shoe:
Right Foot Shoe:
Here is some extra shoe porn:
All 360 welts have this. Thats why they make the two ends meet on the inside heel of the shoe, as its least noticable.
Edit: BTW that is a fine specimin you have there.
Also, I agree that a shoe of that price should be flaweless, unfortuntately it's not always the case.