Australia: Forged stamp's high value

Australia's first forged stamp will go on auction this month, with an expected price tag of up to A$15,000 ($19,000).

In 1932 a two pence Red King George V Head stamp was forged. Melbourne auctioneer Charles Leski, of Leski Auctions, said the quality of the printing was "suspect", but at the time it wasn't unusual.

The forgery was discovered by a collector in South Australia's outback.