This article is from the PEZ candy and PEZ dispensers FAQ, by sharpe@dg-rtp.dg.com (Chris Sharpe) with numerous contributions by others.
Die-cut dispensers have a design cut in the side(s) of the stem
instead of the usual raised PEZ logo. The cut-out section reveals the
inner sleeve which is typically a different color than the stem.
Dispensers are also referred to as having a die-cut face if the
die-cutting process was used to create the holes in the dispenser head
(ex. for the eyes or the mouth of a Snow White or Mickey Mouse).
 
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