Steel and handle. The Silver G4056 uses a 7Cr17MoV stainless blade with a silver aluminum handle. The Copper G1068144 uses a black-oxide-coated D2 tool steel drop point with a copper handle and a black stainless back handle. Same 4.75 inch closed frame and 3.5 inch blade on both.
7Cr17MoV is a budget stainless with about 17% chromium: very corrosion resistant, modest edge retention, sharpens on anything. D2 is a semi-stainless tool steel that holds an edge considerably longer and will spot if neglected.
That is a genuine performance gap, not a marketing one. D2 goes further between sharpenings and asks for a wipe after wet work.
Silver aluminum versus a copper handle with a black stainless back. Copper is heavier than aluminum and will develop a patina with handling, which some owners like and others polish off.
The Copper version also carries a black oxide coating on the blade, which adds a little corrosion protection to a steel that benefits from it.
The Copper if you want the better steel and do not mind wiping the blade. The Silver if you want the lightest, most corrosion-tolerant option and sharpen frequently.
Both are 4.75 inches closed with a 3.5 inch blade, a framelock, a pocket clip and a lanyard hole.
Specifications above come from the manufacturer. Live prices and availability are in the strip below, pulled from the catalog at build time rather than typed into the copy, so they cannot go stale on this page.