Not a fake. I search through thousands and thousands of Lincoln cents from month-to-month. I come across many witch look like your coin, some with even more saturated colors.
It could be toning. They start off as a bright copper red colour and with circulation become first less bright, then turn brown from handling. There are about 1000 different tones within this range.
Looks good to me, It's a nice red tone New coins don't start out red, they start life as a nice golden or brassy color then as the patina starts, they go red then fade to brown from the environment and the oils from handling.
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