Yes, it clearly says that on the certificate of authenticity that it is clad. And on the proof it says that it is a copy. If you can't read that that's not my fault.
Just so you guys know this is a replica of American coinage, therefore by law the manufacturers have to put the word copy on it. It could still be .999 silver, you say that the paperwork says that it's clad so it is, but I have plenty of silver rounds that portray the visage of a farmhouse American design that say copy, it only means that this is a copy of the buffalo nickel it makes no indication as to the purity of the metal content.