French Peace & Commerce Forgery
Wow, a nice copy of the rare 25c Peace & Commerce, Type I... Or is it? Unfortunately, not. If you look closely, you'll see an arc which extends upwards from the final "E" in "REPUBLIQUE" and curves to the right though Mercury's chest and off the right of the stamp. This is actually two stamps, which have been cut and pasted together, then re-gummed.
Images © Copyright David Mills, 1998-2001