This is a Gunslinger 1 ounce .999 copper round from the Prospector series. 

This round has some form of a production defect that caused it to fail the 1st quality inspection.  It has been marked with  "2nd" being etched on the reverse side.  The defects are generally nicks, dings, small scratches, etc.  Other than the defect and the "2nd" being etched on the coin, this is uncirculated and straight from the mint.    The photo is a stock photo, and the actual coin received will be slightly different as far as the exact defect and where exactly the "2nd" is stamped.