Whoever "minted" this coin was not even trying to make it look real. Aside from not looking real on so many levels, if you flip the coin top to bottom you can see that the double strike is on the bottom of obverse, and on the bottom of the reverse. That just can't be!
Are these photos from a for-sale listing, or someone someone actually received? I'm betting that anyone ordering one of these would receive one with the "COPY" stamp mysteriously missing.
The "coin" has "COPY" on it so not sure what the problem is? Many people get these to fill those obnoxious empty holes in the albums of coins we will probably never own.
Frequently (usually?), sale listings for these show the COPY stamp, but the coins actually delivered don't have it. Those unmarked "coins" then show up on eBay/Etsy/FB for sale as the real thing.
Funny it has copy on it when it can't really exist in the first place. I wonder what they copied it from?
I don't think it's a COPY of any coin. They just use that word instead of FAKE because it has to state that it's not original. Here an original double struck morgan I saw at a convention
From the US Mint: Do mark the obverse of your coin replicas with the word “copy.” The Hobby Protection Act (15 U.S.C. §§ 2101–2106), requires manufacturers of imitation numismatic items to mark plainly and permanently such items with the word “copy.” Failure to do so may constitute an unfair or deceptive act or practice pursuant to the Federal Trade Commission Act. The Federal Trade Commission administers the Hobby Protection Act. If you need further assistance, you can contact the Division of Enforcement, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue, NW, Washington, DC 20580; (202) 326-3038. Dos and Don’ts for Businesses Interested in Creating, Advertising, and Selling Replicas of U.S. Coins | U.S. Mint
What is interesting is that the Act states it should be on the obverse, but this one is on the reverse.
I don't think the HPA itself actually specifies which face of the coin needs the COPY stamp, but I'm not in a position to look it up right now ..