To provide an anti-forgery sheet for merchandise coupons, stock certificates and various cards whose truth can be easily and surely judged and which are hardly forged.

The merchandise coupon 1 made of the anti-forgery sheet is provided with a micro-through-hole with the same shape as that of a transmitting part through which a laser light passes and whose shape is hardly distinguished with naked eyes by passing the laser light through the transmitting part, for example, a dog shape, selected from a plurality of transmitting parts consisting of arbitrary complicated shapes such as animal-like shapes and star- like shapes except simple shapes such as rounds, ellipsoids and squares formed on the peripheral edge of a rotating stencil.