Doesn't look right to me, but that doesn't mean its a fake. But..
Counterfeit 1909-S VDB Lincoln Cent:
"Probably "Number One on the Hit Parade", as far counterfeits in the Lincoln Cent series go. Commonly altered by adding a "S" mintmark to genuine P Mint VDB Cents, it has become more common to find die struck outright phonies of this key date. The coin shown was purchased unknowingly by a collector, possibly online. This appears to be struck from dies made from the direct transfer or spark erosion process, and is a little older type of counterfeit. The overall detail looks close to "right", but a closer inspection and some general knowledge of what a genuine coin SHOULD look like reveals the fakery.
First and foremost, the Mintmark is COMPLETELY wrong, being too large and bulky-looking, the result of being cut by hand into the die, This suggests that the original coin used was a P Mint VDB. Collectors should learn the proper diagnostics for a genuine San Francisco Mint mintmark punch of the 1908-1914 date era - for this, perhaps no better resource is available to the average person that to purchase (or borrow) a copy of the PCGS "Coin Grading and Counterfeit Detection Guide©", now published as one of the "Official© Guide" series.
Second, a basic knowledge of coin metalurgy is valuable here - this item appears to have been struck from a near pure Copper alloy, rather than the French Bronze used in 1909 (95% Copper, 5% Tin and Zinc). Genuine 1909-S VDB Cents tend to be more Golden Brown than "Red" when original Uncirculated - this item is more of a flat orangy-red unlike any genuine Lincoln Cent pre-1982. It shows some finger contact - whether this was due to sloppyness on the part of the "minter", or whether this was done intentionally to help convince potential buyers that the coin was real, I can't say.
Thirdly, looking at the overall features of this item, it just does not pass the "smell test". The rims, especially on the Obverse are too "fat" and rounded compared to the genuine coin. Also, when a counterfeit die is made by a process that uses a real coin as a model to transfer detail, whether by the spark-erosion process, direct transfer or producing a casting, minor marks and defects on the real coin are transfered to the counterfeit die. Additionally, fine details tend to be lost, become softer and more "out of focus" and odd bumps tend to show up where they should not on the "coin" produced from one of these dies. Look at the area just inside the rim of either side - there is a definite "mushy" look to the area where the fields blend into the rim. While not absolutely diagnostic, as the 1909 issue was the first year of the Lincoln Cent struck, they tend to be well made as the Master Hub was fresh, so the rims tend to be more square.
Unfortunately, we have moved into a computer-designed, laser-guided machine tool driven era, where the tools available to the counterfeiter are almost as good as those used my the U.S. Mint - and probably better than those used a century ago. Today's die-struck counterfeit 1909-S VDB is becoming much "better' at mimicing the original, genuine item. I hestitate to absolutely recommend purchasing only certified examples, but working with a knowlegeable, honest dealer with an iron-clad return policy is a must, as is adding to your own knowledge as much as possible in order to protect yourself further. One way to start is to never purchase ANY coin from anyone from China period.
Pictures at this site.
Non Genuine Coins, Meant to Fool the Collector