Hi Carol, I'm pretty sure this is a fake. 1) There is no dynasty name and no reign name. 2)The second and fourth characters (read right to left) each has a point, which these characters don't have, in reality. 3)The third character is in simplified writing, which was introduced in 1956. 4)Further, proper reign marks have "Nian Zhi" (year made) as the last two characters, here the "year" character is replaced by "elegance". 5)The two concentric rings are too regular. Handwritten circles would have some irregularity in stroke width or color darkness, somewhere, as the dye would be plenty at the beginning and less towards the end. This quality is only possible in imperial porcelain, which always would have the proper imperial name.
