This book and its slipcase are in NEAR PERFECT condition. The only imperfection is an address sticker and a name written in pencil, both shown in the last two pictures.
Folio Society books are constructed using only high-quality materials with uncompromising methods by masters in bookmaking. All are wonderfully illustrated on gorgeous paper with deep fonts. For most people who are only familiar with generic Chinese-manufacturered, mass-produced books, the obvious quality difference is instantly revelatory.
The wavy effect that may appear in multiple pictures is only "moiré pattern". It occurs when a scene or an object that is being photographed contains fine, repetitive details that exceed sensor resolution. As a result, the camera produces strange-looking wavy patterns. It is simply an effect and doesn't exist on the book in real life.