Ah, I see, and I'm afraid you may be at a dead end. I've just tried Disk Copy myself (versions 6.3.3, 6.4 and 6.5b11). None of them will image a CD in Classic mode. 6.3 gives me the -39 error; the two later versions give me a -1317 error and suggest using the CD as a coaster. (Really — in so many words!)
I suspect the problem may be that Disk Copy expects to be able to control the optical drive directly to read the CD's contents, but in Classic mode it's blocked from doing so by OS X, which reserves all hardware control to itself. The error messages about the CD are clearly spurious. They appear when DiskCopy runs face-first into the wall. DC doesn't have a more appropriate error message to display because Classic mode didn't exist when it was written.
So I think you're going to need to find a Mac that can boot into OS 9.x or 8.x and prepare the disk image on that instead of your own machine, which I assume from your post is not OS 9-bootable.