The ninth issue of this excellent periodical containing colour-illustrated articles on forgeries by world experts. Contents include New Studies of the Oneglia/Panelli Engraved Forgeries, by Carl Walske; The Counterfeits of the First Hellenic Olympic Issues 1896-1900/01-1906, by Tsironis; Large Hermes Heads: Counterfeits of the so-called Mixed Frankings or Combination Covers, by Wolfgang Bauer; Forgeries to Deceive the Canadian Post Office (part2), by Gratton; etc, etc.