I do not agree with the circle suggestion. I have looked at many photo's of all three grades of the CCC. In many of the photos of the golden, and in lesser the silver, the lighting on photos does suggest this same vieuw and look circular also. This all happens on photo's that are not too sharp taken or ar overlighted. Which does not mean I disagree this could be a retouched photo, but when retouched, why not use an image of a better qualitie? That should not have been to much of a difficulty when you look at the possible retouched EK1. Another doubt about the retouching is the way the ribbon bar is placed. That is not the common way to wear the bar when the CCC was not in place. Again this all is not conclusive, but just adding to the questions. I am not convinced it is retouched, but I am also not shure it is not a retouched photo.