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Necessity
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Before I bought this $100 guillotine, I used to cut my papers and boards either with a cutter from amazon, a box cutter with snap-off blades, and even had a brief encounter with a French paring knife with a whetstone. You don't have to buy an expensive guillotine, but a $90 box cutter from Home Depot and a lot of patience will do the job just fine.
This list was originally compiled for fanfiction bookbinders, but the items listed apply to bookbinding as a whole. :)
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