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To get an idea of where the watermark can appear
on a stamp, cut a small rectangular window the size of the stamp out of a
small piece of cardboard and place this cutout over one of the printable
watermark templates linked below (an example is shown at
right). From this example the bottom of the letter "S",
the top right of the letter "P" and the top left of the
letter "S" appear on the stamp. Often only tiny pieces
of several letters may appear on an individual stamp, making
identification quite difficult.
It is fairly easy to verify that on a normal-sized
Washington-Franklin stamp, at most three letters are possible on a
single-line watermarked stamp and four letters on the double-line
watermarked stamps. The watermark can appear in any of eight
orientations.
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