What makes you think it might be real? Take a look at the point of Liberty's neck, and the area right above 1, and tell us what you think might have cause that at the Mint. For bonus points, tell us what makes this look like an impaired proof. Or do you also think you might have the first ever example of a business-strike 1895-P?
Yes, fake, but it is an unreasonable facsimile of the non-existent business strike of the 1895-P dollar.
I'm no expert on Morgans, but comparing a know authentic one with this one, plus the weight and measurements, should tell you as to its authenticity.
Not quite. A circulation strike was made but they were all melted and only the proofs were issued. And the OP's coin certainly isn't one of them.