I have a 1926 20pfg Bluish green Beethoven stamp which has been perforated with 'HN'. I can't find any mention of the perforation in a catalogue. Can anyone shed any light on this?
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Yes it is a perfin ,I tink that these perforations were made from public and private institutions as banks and others. We have them also on Bulgarian stamps . And of course
There exist catalogues for these perforated initials, or 'perfins'. The reason you will notfind them in general catalogues is that they are private perforations.
There are a few exceptions that are listed in catalogues - but one general catalogue publisher may and the other may not list them -. These tend to be stamps that had the perfins for 'official' use.
Your example is one of the private issues only listed in catalogues published by perfin study groups.
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