The settlement on the MarketPlace merchants went quickly and smoothly. My product was as advertised after a few days in the mailbox (star of the dealer). The joy, however, was quickly dispelled when I saw the packaging. The box just fit so in the Sent bag used and the lock looked as if he would have gone in transit a few times. But no matter. The original packaging of the punch was undamaged almost without flaws and the holes themselves. So put the stack printouts and off we should go. When should it remained. Bolts for punching the holes were into the gap of the paper feed and a lot of patience I could fumble into a single sheet of paper. A central alignment however, was hardly possible. After punching, I then the sheet when removing torn because it is stuck again. Conclusion: the delivered me Locher was Qualitatively a disaster and the delivery packaging could have been better. Maybe I was just unlucky. However, I have now decided for another product and hope that the return of this punch works frictionless. If this is the case, even there the second star to the merchant. The product, however, has earned my opinion no.