Recently I sold a small selection of booklets to a collector in Germany, who returned them to me informing the me the perforations were trimmed to a certain extent.
Under my sales policy I do state that I will give refunds if the buyer is not happy with the purchase. Although I described these to him as average perforations (which most booklet panes are).
For the record, this is how I classify booklets and panes.
Good, showing at least ½ or more of the perforation hole on all sides, these command a higher price
Average, these show some trimming on one or more sides, leaving less than half of the hole. Usually two thirds of catalogue or less.
* Note, some booklets with perforated edges were manufactured intentionally, these are considered acceptable.
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