This is a new, unopened item. The small hole in the third image is where the price tag was attached. There are no holes in the coaster, so please rest assured. It's made of fabric, so you can wash it if your child spills something on it. We have it displayed on the wall in our child's room. It's very cute! Please refrain from purchasing if you are concerned about minor imperfections due to home storage. We will take measures to prevent water damage during shipping. Immediate purchase is OK. No price reduction. No holds.