
In philately, a perfin is a stamp that has had initials or a name perforated across it to discourage theft. The name is a contraction of perforated initials or perforated insignia. They are also sometimes called SPIFS (Stamps Perforated with Initials of Firms and Societies). == History == Great Britain was the first country to use perfins in 1868....
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http://en.wikipedia.org/wiki/Perfin
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