You are buying one shutter panel.  I have several of these so buy what you need.  This is new, still wrapped in the cellophane wrap.  The wrap does have holes in the plastic and in some places there is dust on the wood.  The dust can easily be sanded away. 

• traditional 1 1/4" wide adjustable louver
• 8" by 20"
• made of white pine
• ready to stain or paint
• easy to instal with instructions