Cryptic crossword clue
Enthusiasts’ publication that is excellent, circulating around a country down under 7

The most common and most likely answer to this crossword clue is the 7 letter word FANZINE

I've seen this crossword clue in The Daily Telegraph
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Buddy explains!

The straight part
We know that "Enthusiasts’ publication" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case enthusiasts’ publication = fanzine.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does FANZINE mean?

FANZINE noun
  1. A magazine, normally produced by amateurs, intended for people who share a common interest

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