V.G. stands for 'Victorian Government'. The V.G. perfins were introduced by the government of the state of Victoria (in Australia) in 1933 after the Commonwealth Government ceased issuing official stamps.
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Shelley,two weeks later I asked the very same question on this forum (see above). Had I done a search, I'd've read your thread and had my answer. Surprised I wasn't reprimanded for laziness.
Damn! I knew I shouldn't have included that last sentence. Now the Forum will probably send a couple of its hard, pipe-hittin' philatelists to collect.
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