It's genuine... It does appear to have some wear and minor issues in the feathers and around the obv letters and spots on the back. Could be corrosion or could be PVC.
better pictures of it Still doesnt show the amount of red on the reverse, its a LOT more red than this picture shows, I will play with my lighting for future pictures mlgdave
It might make AU grade, there is considerable wear on the hair curls (lower and above ear) and the ribbon appears to show lots of wear, could be the light angle; however the coin show wear on all the high points, and most of the secondary points.
I've found the big two TPG companies are hesitant about awarding a red or even a red/brown label. Assuming they even mark non Mint State coins with a color, I would bank on that coin coming back as Brown.