While full disclosure of restoration is important, I don't agree that pieces such as this should just be left alone. Old paper becomes very acidic over the years and in time may disintegrate. Even minimal restoration goes a long way in preserving it, and you can deacidify the paper so it doesn't continue to break down.
But I do agree that this one has had more than minimal restoration. There should have been more information provided for prospective bidders.
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