In a rotary stamp with master stamp incorporating a master stamp having an oblong hole from which a desired print section of a rotary stamp is exposed in the bottom part of a grip case containing the rotary stamp, a thin melt-processed laminated belt produced by treating the superficial layer of a laminated belt foundation composed of porous thermoplastic resin belt base and an ink circulation reinforced rear fabric such that only a print section is left in a porous state while the other part of the belt is melt processed into anon-porous state that is used as an endless print belt, with the oblong hole in the master stamp formed in a size which allows the belt to pass along a bridge part without the surfaces making contact therewith.