It's like so many other labels on the market now that claim to be from various different countries but lack basic elements such as an explicit denomination and the country name in the local language.
A postscript - Michel is now listing the stamps of Abkhazia with full catalog numbers. The August 2020 issue of Michel Rundschau (the Michel Version of Scott Stamp Monthly) provides a catalog update for several hundred stamps deemed "legitimate" based on postal use on international mail (via Russia postal service - akin to how Northern Cyprus stamps are legitimized via the Turkish postal service and eventually became legitimate issues in all the major catalogs).
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