| CODE | COUNTRY | VOL | PERIOD | PAGES | RETAIL | NOTES |
| G39 | MACAO | 1 | 1884-1993 | 81 | £34.50 | |
| G39A | MACAO | 2 | 1994-1999 | 67 | £30.50 | |
| G39B | MACAO - CHINA | 3 | 2000-2005 | 75 | £30.50 | |
| D35A | MACEDONIA | 1992-2005 | 77 | £30.50 | ||
| D36A | MADAGASCAR / MALAGASY | 1 | 1889-1975 | 82 | £34.50 | |
| Inc British | ||||||
| D36B | MALAGASY | 2 | 1976-1992 | 103 | £38.50 | |
| D36C | MALAGASY | 3 | 1993-1998 | 96 | £34.50 | |
| D36D | MALAGASY | 4 | 1999 | 46 | £25.50 | |
| K28B | MALAWI | 1 | 1964-1975 | 60 | £25.50 | |
| K28C | MALAWI | 2 | 1976-2004 | 76 | £30.50 | |
| H01 | MALAYSIA | 1 | 1963-1999 | 95 | £34.50 | |
| H01A | MALAYSIA | 2 | 2000-2004 | 60 | £25.50 | |
| E17 | MALAYA STATES | 1 | 1876-1960 | 88 | £34.50 | |
| E18 | MALAYA STATES | 2 | 1961-1986 | 62 | £30.50 | |
| A46A | MALDIVE IS | 1 | 1933-1975 | 80 | £30.50 | |
| A46F | MALDIVE IS | 2 | 1976-1985 | 93 | £34.50 | |
| A46G | MALDIVE IS | 3 | 1986-1991 | 90 | £34.50 | |
| A46H | MALDIVE IS | 4 | 1992-1993 | 77 | £30.50 | |
| A46J | MALDIVE IS | 5 | 1994-1996 | 105 | £38.50 | |
| A46K | MALDIVE IS | 6 | 1997-1999 | 75 | £30.50 | |
| A46B | MALI | 1 | 1959-1975 | 68 | £30.50 | |
| A46C | MALI | 2 | 1976-1992 | 90 | £34.50 | |
| A46D | MALI | 3 | 1993-1996 | 83 | £34.50 | |
| A46E | MALI | 4 | 1997-1999 | 71 | £30.50 | |
| H26 | MALTA | 1 | 1860-1990 | 86 | £34.50 | |
| H26A | MALTA | 2 | 1991-2004 | 61 | £30.50 | |
| H26B | MALTA - SOVERIEGN ORDER ISSUES | 1 | 1966-1994 | 95 | £34.50 | |
| H26C | MALTA - SOVERIEGN ORDER ISSUES | 2 | 1995-2004 | 68 | £30.50 | |
| G29C | MANAMA | 1 | 1966-1970 | 96 | £34.50 | |
| G29D | MANAMA | 2 | 1971-1972 | 103 | £38.50 | |
| B39 | MARSHALL IS | 1 | 1897-1995 | 70 | £30.50 | |
| B39A | MARSHALL IS | 2 | 1996-2000 | 66 | £30.50 | |
| A47A | MAURITANIA | 1 | 1906-1975 | 67 | £30.50 | |
| A47B | MAURITANIA | 2 | 1976-2000 | 80 | £30.50 | |
| G03 | MAURITIUS | 1 | 1847-1993 | 86 | £34.50 | |
| G03A | MAURITIUS | 2 | 1994-2001 | 32 | £20.50 | |
| G34 | MEXICO | 1 | 1856-1937 | 99 | £34.50 | |
| G45 | MEXICO | 2 | 1938-1975 | 92 | £34.50 | |
| H39 | MEXICO | 3 | 1976-1993 | 93 | £34.50 | |
| H42 | MEXICO | 4 | 1994-2004 | 78 | £30.50 | |
| G45A | MEXICO/Exporta Stamps | 1975-1999 | 29 | £20.50 | ||
| B06C | MICRONESIA | 1 | 1984-1997 | 71 | £30.50 | |