This listing is for 1 brand new, factory sealed case (4 display cases/48 total pins) of Super Mario Series 1 Pins. The 2nd picture just shows what is inside this box. You will not receive loose display cases. What you will receive is a brand new, never opened box containing 4 display cases. Each display case contains 12 pins, meaning this listing is for 48 total pins, all of which come in their original packaging still factory sealed. These are officially licensed Nintendo/Super Mario pins.