The invention is concerned with a volume hologram medium obtained by multiple recording of holograms, which is improved in terms of just only security for forgery prevention but also aesthetics. A volume hologram medium 29null comprises a reflection hologram in which a stereoscopic image of a three-dimensional object and an image of a plane pattern of a mask plate are recorded by interference of the same reference light beams having the same angle of incidence and the same wavelength with object light beams having mutually different angles of incidence. The stereoscopic image of the three-dimensional object is reconstructed in the form of diffracted light 31 in a single color and in angle relations close to recording conditions, and the image of a plane pattern of the mask plate is reconstructed as diffracted light 32b, 32nullb at various angles of incidence of white illumination light 30 and in different colors depending on those angles of incidence. Thus, more improved aesthetics are achievable, and more enhanced security is ensured by determination of whether or not the volume hologram medium has such aesthetic properties.