$2.60 Graf Zeppelin Engraved Forgery, Die Proof on Wove Paper (C15F). Die sinkage area of about 63mm x 45mm, the blue color is a good match but the solid areas in the top and bottom labels are made up of crossed lines and there are weakly engraved areas elsewhere, also incl. a gummed and perforated "stamp" by the same manufacturer, slight edge stain at right, otherwise Very Fine, these are not Panelli forgeries, they may be of German origin

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