Genuine: Small circle above value is complete. Perforated 11 1/2
Forgeries: Small circle above value is incomplete at the bottom. Perforated 11 1/4 or 11 1/2
Fournier forgeries: Small circle above value is incomplete at the bottom. Perforated 11
Genuine: Small circle above value is complete. Perforated 11 1/2
Forgeries: Small circle above value is incomplete at the bottom. Perforated 11 1/4 or 11 1/2
Fournier forgeries: Small circle above value is incomplete at the bottom. Perforated 11
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