Thank you to everyone for taking the time to respond to this thread. Yes, I was 99% sure it was a fake, but I didn't want to appear like a know-it-all.
I happen to own an 1872 that is genuine, purchased from a long time serious collector, but before telling my good friend the bad news that he got rooked, I wanted to be able to say I sought the opinions of others to confirm my belief that this coin is a fake, for the reasons I mentioned.
I learned a long time ago it is better to seek the advice of others than to look down from my lofty pinnacle of perfection. It can get rather cold and lonely way up there.