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| Genuine Pair |
Forgery
The forgery is very well executed and can be considered as dangerous and very plentiful.
1. Genuine is perf 12, forgeries 11.5
2. The genuine has an accent over the "U" of "REPUBLICA", the forgery does not
3. In the genuine the 2 downward facing triangles over the "LIV" do not touch the frame line but they touch in the forgery
4. The stars on the sides are rendered more accurately in the forgery
5. The forgery can be found with a fake BOLIVIA box cancel
My guess would be that Patroni, who forged other S.A. stamps was the originator
