it looks clipped, like it's not gone through the card fully. Like it had a dig at the perferation bit and and the card dust just gathered or some shit i dunno. SOmetimes you do get lucky and it just misses. My Lex A.D. album i got way back in a cutout bin and it's fine, unscathed from the saw, just a tiny mark on it, l. I'd ask the seller. ALso, if it's not advertised as a cut-out you could just buy it without saying anything, then you can send it back to em if it is saw damaged.
Cut outs dont bother some people so it might end up going for a high price anyway, if its on auction somewhere...