The shape of the unframed “Z” is very typical and once you know it, quite easy to spot. Enjoy this forgery offered on Delcampe for meager 72 Euro. Dead giveaway: both handles are tilting down facing the floor.
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Once, many years ago (around 1990) I was viewing lots at a small auction in Amsterdam. One lot was a stockbook of Armenia, filled with lots of mint examples of this very forgery, on every conceivable stamp, from 10 to 20 copies of each…
You’re right, it’s an unforgettable forgery. I see it on eBay quite regularly.