Yeah, none of those have anything like what is in the OP.
I sent a pic to my ex with a description of how the problem area felt and she said it could be a few things, including a series of knots they sanded into and then tried to touch up, gum pockets, part of a bark inclusion. But, it's not an "eye", which might even be desirable if it looked good. You see these types of flaws (including pits) mostly on rustic or distressed vases and the like. But, you know that's what you're getting.
The fact that its dry, rough, and slightly flattened means that it's a flaw that cannot be properly finished. It may continue to open up, dry and crack. Again, that might be OK on the rustic vase you bought at the local furniture store that's going to sit on a side table somewhere. For something that is going to be used, pick up oils, get wet, sit in the sun - potentially bad news. This is not a safe queen, obviously.
So, to be fair, I can understand how some people might actually like these kinds of flaws if they're spread more uniformly through the wood, on a larger piece, and don't detract from the overall finish and design. In her words, "It would be kind of cool, if it were smaller and there were several of them spread out over the sample."
BTW, her husband is a home builder and got a real chuckle out of the comments about wanting flawed marble counter tops at full price, though. "Where are all those customers, when you need 'em?"
