There is no cut outs or missing pieces in the book, and the book is fully intact. They are really nice condition for the age that they are. I'm not a professional grader, and what I'm offering to you as a grade is strictly my opinion.
Please refer to the high res scan and judge for yourself. The item "Avengers 1 CGC 4.0 1st app of Avengers!WORLDWIDE SHIP 1964" is in sale since Sunday, July 5, 2020. This item is in the category "Collectibles\Comics\Silver Age (1956-69)\Superhero\Avengers". The seller is "primecitycomics" and is located in WAREHOUSE AND FULFILLMENT. This item can be shipped to United States, Canada.