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Authentic coin with protective ring or Token, Medallion, Novelty Piece, etc.

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Good Morning all. I am curious if the 1880-O Morgan pictured below is a coin in a protective ring or a novelty item/ replica. I've compared the weight to an 1881-O which I know is real and the weight of the 1880 is only a few grams more than the 1881. There is a small break in the band which shows reeding and appears to be only silver. Thanks in advance for any answers given. - C310658895_1880-oObverse.thumb.jpg.c5ac34947aa76f82552322343bc1ad02.jpg890489935_1880-oEdge.thumb.jpg.799fc4892938081357b0fb1bf2950800.jpg

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