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I would say this is a contemporary counterfeit rather than a modern fake. Still fairly collectable, but not to the tune of $575! The seller, who makes themself out to be a bit of a coin expert, probably should have made that clear in the description.

This coin is now back up for sale if anyone is interested. Same price and same postage details as before. PM me if interested.

A 1911 proof coin I have. In hand it looks good but the photo I took shows evidence of much cleaning. Just goes to show how you can be deceived. The coin didn't cost a lot that probably reflects its condition. Caveat Emptor.

On the other hand, £1 is a fair price for a reasonable repro.

https://www.ebay.co.uk/itm/266978285026?_nkw=penny+coin&itmmeta=01J6ZD0QHG63NVNZYBB3B2Y19B&hash=item3e292555e2:g:g5kAAOSwmH9m2K8F&itmprp=enc%3AAQAJAAAA4HoV3kP08IDx%2BKZ9MfhVJKmOOXhDfJShZ9k0rmGvI5hL4%2BUm9bpbNymp%2BBQnv2NskT24AngdvxxhL%2FehlD9wnlssFVcPLWBd%2BBd8E65rryXVT5%2BTBetWyGOygdiIVK9Lwht469lB9D6HHXPMH0tTW8sekZSWX0dHKcQZOq6Ed8tsEB2SNl1Buwc7Uf14PTkgQuvk4hGL1wvstNZF0pmY1jRmcyIuvWxg6FG10Yxix09XNglgQSAF4NnGv%2BofJHQVATEgeI%2B%2BZY3wa7G7n%2BnST0dUCHxrxIBXdMUoEohG7PtK|tkp%3ABk9SR-r4gu23ZA This seller wants kicking off eBay he annoys me that much i wish i could meet him to tell him 😀.